Are You Struggling with These Critical Fraud Challenges?
Enhance trust, reduce losses, and improve customer experience by effectively addressing these pressing fraud challenges.
Account Takeovers (ATO)
Issuers lose cardholder trust and absorb chargebacks when phishing, credential stuffing, or SIM swaps let fraudsters commandeer online and mobile banking sessions.
Synthetic Identity Fraud
Fraudsters blend real and fabricated data to open new credit lines, leaving issuers with uncollectible balances and skewed risk models.
False Declines
Over-aggressive rules cause issuers to block legitimate transactions, damaging customer experience and reducing interchange revenue.
Rising Compliance Pressure
Evolving mandates (PSD2, AML/KYC, CFPB) require issuers to prove rigorous controls, creating costly audit prep and reporting workloads.
Transform Fraud Defense with FraudNet's Advanced Solutions
FraudNet safeguards issuers by detecting threats early, reducing losses, and enhancing customer trust.
Entity Screening & Onboarding
Detect risky or sanctioned applicants before account opening.
Transaction Monitoring
Score every authorization in real time to flag anomalies.
Synthetic ID Detection
Cross-check identity signals to expose fabricated personas.
Account Takeover Prevention
Spot unusual login behavior and device changes instantly.
AI-Native Real-Time Detection
FraudNet's AI-driven technology scans millions of signals in milliseconds, identifying suspicious transactions before they're approved. This proactive approach minimizes potential losses, safeguards issuer reputation, and enhances cardholder trust by ensuring only legitimate transactions are processed. Stay secure and ahead of threats.
Unified Case Management
Streamline your fraud management by handling investigations, documentation, and resolution all in one seamless workspace. Reduce analyst workload, ensure compliance with audit-ready trails, and focus on maintaining cardholder trust and operational efficiency, all while safeguarding your bottom line.
Adaptive Risk Controls
Leverage cutting-edge machine learning that dynamically adjusts rules to minimize false positives, ensuring legitimate transactions go through smoothly. Protect your revenue streams, enhance customer satisfaction, and stay one step ahead of evolving fraud tactics with our adaptive risk management solutions.
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
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Recognized by Industry Analysts
Related Resources
Other Services
View More
FAQs
What is issuer major fraud loss prevention?
Issuer major fraud loss prevention refers to strategies and measures implemented by financial institutions that issue credit and debit cards to minimize financial losses due to fraudulent activities. This involves using advanced fraud detection systems, monitoring transactions for unusual patterns, and implementing robust authentication processes to protect cardholders' accounts and the institution's financial interests.
Why is real-time transaction monitoring important?
Real-time transaction monitoring is crucial in fraud prevention as it allows issuers to detect and respond to suspicious activities immediately. By analyzing transactions as they occur, issuers can identify potentially fraudulent behavior, such as unusual spending patterns or transactions from unrecognized locations, and take swift action to prevent unauthorized access or fraudulent purchases, thus minimizing financial losses.
How do machine learning algorithms help in fraud detection?
Machine learning algorithms enhance fraud detection by analyzing vast amounts of transaction data to identify patterns and anomalies that might indicate fraud. These algorithms can adapt and learn over time, improving their accuracy in predicting and identifying fraudulent activities. This enables issuers to proactively prevent fraud by recognizing new and evolving tactics used by fraudsters, enhancing overall security and reducing false positives.
What role do multi-factor authentication (MFA) systems play in fraud prevention?
Multi-factor authentication (MFA) systems significantly bolster fraud prevention by requiring more than one form of verification to access accounts. This added layer of security makes it more difficult for fraudsters to gain unauthorized access, as they would need to bypass multiple verification methods, such as a password, a fingerprint, or a one-time passcode sent to a mobile device. MFA thus reduces the likelihood of account takeovers and unauthorized transactions.
How does customer education contribute to fraud prevention efforts?
Customer education is a vital component of fraud prevention, as informed customers can better protect themselves against fraud attempts. By educating customers on recognizing phishing scams, securing their personal information, and using strong passwords, issuers empower them to be vigilant and proactive in detecting and reporting suspicious activities. This collaborative approach helps in early fraud detection and prevention, reducing the overall risk of fraud losses.
What measures can issuers take to prevent card-not-present (CNP) fraud?
To prevent card-not-present (CNP) fraud, issuers can implement measures such as tokenization, which replaces sensitive card information with unique identifiers, and use advanced verification technologies like 3D Secure. Additionally, issuers can employ fraud detection tools that analyze transaction data and use behavioral analytics to identify unusual activities. Encouraging merchants to use secure payment gateways and promoting customer awareness about safe online shopping practices are also effective strategies.