Is Your Fraud Prevention Strategy Hampered by These Common Challenges?
Streamline fraud prevention, enhance decision-making speed, and ensure compliance with solutions designed to overcome legacy system limitations.
Fragmented Legacy Data Silos
Issuer core platforms, dispute tools, and AML systems rarely talk to each other, forcing analysts to stitch data manually and delaying fraud decisions.
Costly, Slow API Retro-Fitting
Adding modern fraud feeds to 30-year-old card processors demands custom coding, long certification cycles, and budget overruns.
Scalability Limits During Spikes
Holiday peaks or portfolio acquisitions push legacy hardware past capacity, causing authorization lag that frustrates cardholders and merchants.
Regulatory Exposure
Outdated rule engines struggle to meet PSD2 SCA, Reg E, and network mandates, raising the risk of fines and customer reimbursements.
Revolutionize Fraud Prevention with FraudNet Solutions
Streamline operations and enhance fraud prevention efficiency with FraudNet's seamless integration and adaptive solutions for issuers.
RESTful Connector Suite
Drop-in APIs bridge cores, CRMs, and FraudNet in weeks
Event-Streaming Gateway
Real-time Kafka pipes scale to 10K TPS without replatforming
Adaptive Rule Orchestrator
Visual builder lets teams deploy new controls in minutes
Compliance Auto-Updater
Pre-coded templates align rules with evolving regs
Millisecond AI Decisioning
With FraudNet's millisecond AI decision-making, every transaction is scored in real time, effectively blocking fraud before it penetrates the network. This proactive approach reduces chargebacks by up to 60%, safeguarding your bottom line and enhancing your cardholders' trust.
Unified Investigation Hub
Streamline your fraud investigations with our Unified Investigation Hub. It consolidates issuer, network, and device intelligence into a single dashboard, automating case prioritization and cutting analyst workload by 40%. Enhance efficiency and focus on what matters most—protecting your customers.
Elastic Cloud Architecture
Experience seamless scalability with our Elastic Cloud Architecture, effortlessly handling transaction surges without the need for additional capital investment. Maintain consistent approval rates and deliver an exceptional cardholder experience, even during peak periods, ensuring your operations run smoothly and efficiently.
Impact & Results
Delivering Results that Matter
We don’t just promise better fraud control—we deliver tangible improvements that protect your business.
97%
Fewer False Positives
Approve more valid transactions confidently.
88%
Fraud Reduction
Experience double-digit reductions in fraud-related chargebacks
60%
Cost Savings
Save time and resources while securing your revenue.
Why FraudNet
Future-Proof Your Fraud & Risk Program
With an integrated platform designed for precision, agility, and impactful results, enabling your team to make smarter decisions, improve operational efficiency, and fuel your business growth.
Customizable & Scalable
No-code rules engine, flexible dashboards, and tailor-made machine learning models that are designed to adapt seamlessly and scale alongside your business.
End-to-End Platform
Unify fraud detection, compliance, and risk management into one powerful solution, saving valuable time and streamlining your operations.
AI Precision You Can Rely On
Reduce false positives, detect and prevent more fraud, and mitigate risk with highly accurate, real-time risk scoring and anomaly detection you can trust.
Real-Time Fraud Intelligence
Leverage advanced analytics, comprehensive reporting, and our Global Anti-Fraud Network to make faster, smarter decisions on the spot.
Testimonials
Real Success From Real Teams
Fraud.net’s flexibility has helped our AfterPay business grow by allowing us to meet our increasingly complex customer and country requirements. Their platform has enabled Arvato to increase our agility and significantly reduce fraud attacks.
Director Risk & Fraud, Arvato
FraudNet's combination of customized machine learning and flexible rules management has been transformative. We've achieved dramatic efficiency gains while maintaining robust fraud protection - a game-changer as we navigate evolving regulatory requirements.
Head of Financial Crime, Countingup
The great usability of Fraud.net is night and day when comparing it to our prior risk prevention platform. Reporting is also faster, more straightforward, and more impactful. With Fraud.net, we can easily visualize and share findings, providing our leadership with a clear understanding of the return-on-investment for our activities in real-time.
Fraud Manager, Global Financial Institution
Speak with our Solutions Expert Today
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FAQs
What are the common challenges faced during issuer legacy IT integration?
Common challenges include data silos, outdated technology, lack of documentation, and limited interoperability with modern systems. These issues can lead to increased costs, extended project timelines, and potential data integrity problems. Furthermore, legacy systems often lack the flexibility needed to adapt to new business requirements and compliance standards, making integration efforts complex and time-consuming.
How can issuers ensure data security during legacy IT integration?
Issuers can ensure data security by implementing robust encryption protocols, conducting regular security audits, and employing multi-factor authentication. Additionally, it's important to establish secure data transfer methods and maintain up-to-date security patches. Training staff on cybersecurity best practices and monitoring for unusual activities can also help mitigate potential risks during the integration process.
What is the role of middleware in legacy IT integration for issuers?
Middleware acts as a bridge between legacy systems and modern applications, enabling communication and data exchange without the need for extensive re-coding. It simplifies integration by providing a common interface and facilitating data transformation, allowing issuers to connect disparate systems efficiently. Middleware can also enhance scalability, improve data consistency, and reduce integration costs by minimizing the need for custom solutions.
How can issuers maintain business continuity during legacy IT integration?
To maintain business continuity, issuers should conduct a thorough risk assessment and develop a detailed integration plan that includes backup and recovery strategies. It's crucial to implement phased rollouts to minimize disruptions and ensure critical systems remain operational. Regular testing and validation during the integration process can help identify potential issues early, allowing for timely resolutions and reducing the impact on business operations.
What are the benefits of integrating legacy IT systems for issuers?
Integrating legacy IT systems can offer numerous benefits, including improved operational efficiency, enhanced customer experience, and access to real-time data insights. It allows issuers to leverage modern technologies such as cloud computing and artificial intelligence, leading to cost savings and increased competitiveness. Additionally, integration can streamline regulatory compliance and facilitate better decision-making by providing a unified view of data across the organization.
What strategies can issuers use to manage the cost of legacy IT integration?
Issuers can manage costs by prioritizing systems based on business value and aligning integration efforts with strategic goals. Utilizing open-source tools and cloud-based solutions can reduce upfront expenses. Engaging with experienced integration partners can also help optimize resources and avoid common pitfalls. Furthermore, adopting an incremental approach and leveraging existing infrastructure can minimize disruptions and control costs effectively throughout the integration process.