Is Your Payment Processing System Struggling with These Challenges?
Streamline operations, reduce risks, and enhance compliance to safeguard your business from financial penalties and reputational damage.
Unmanaged Merchant Risk
Without continuous, granular oversight, risky merchants slip through onboarding checks. Sudden spikes in refunds or crypto-to-card activity expose payment processors to scheme fines, frozen reserve accounts, and reputational harm.
Manual Monitoring Processes
Analysts still juggle CSV exports, pivot tables, and dated rule sets. Slow reviews stall approvals, increase labor costs, and prevent processors from meeting SLAs for high-volume, same-day settlements.
Chargebacks and Threshold Violations
Missed early-warning signs push dispute ratios above card-network limits. Processors face financial penalties, higher rolling reserves, and the risk of losing valuable sponsor-bank relationships.
High False Positives
Static, one-size-fits-all rules reject good merchants when volume or ticket size changes. Excess friction drives clients to rival acquirers and inflates internal appeal workloads.
FraudNet Solutions: Transform Payment Security and Compliance
Fraudnet streamlines compliance, reduces risk, and enhances efficiency for seamless payment processing operations.
Policy Monitoring Engine
Real-time rule enforcement cuts merchant risk, ensures instant compliance.
Anomaly Detection Models
ML outlier scoring spots novel fraud patterns before losses escalate.
Merchant Threshold Customization
Adaptive limits per merchant slash false positives, keep revenue flowing.
Unified Case Dashboard
Single console speeds reviews and tracks alerts end-to-end.
AI-Native Real-Time Detection
Experience seamless transaction security with FraudNet's AI-native solution. It evaluates each transaction in milliseconds, leveraging global insights to detect and block suspicious activities before authorization, ensuring that legitimate payments proceed without delay, enhancing trust and operational efficiency for payment processors.
Unified Case Management
Effortlessly manage alerts with our unified dashboard, designed to auto-prioritize risks and streamline task assignments. This intuitive system creates an auditable trail, reducing investigation time by up to 60%, so you can focus on driving growth and enhancing merchant satisfaction.
Scalable, Low-Code Deployment
Effortlessly integrate our cloud-native APIs into your current payment infrastructure, seamlessly managing peak holiday transaction volumes without needing additional staff. Experience up to 40% reduction in total fraud-management costs, ensuring efficient, scalable operations that drive profitability and enhance customer satisfaction.
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
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FAQs
What are automated payment approvals?
Automated payment approvals are processes where payment transactions are evaluated and authorized by a payment processor's system without manual intervention. These systems use algorithms and machine learning models to assess transaction data, ensuring compliance with predefined criteria and fraud detection measures, thereby streamlining the payment process and reducing the likelihood of human error.
How do automated payment approvals benefit businesses?
Automated payment approvals enhance efficiency by speeding up the transaction process, reducing the need for manual checks. They help in minimizing errors, lowering operational costs, and providing a seamless customer experience. Additionally, they bolster security by incorporating advanced fraud detection techniques, ensuring that only legitimate transactions are approved, thus safeguarding the business and its customers.
What technologies are used in automated payment approvals?
Automated payment approval systems commonly use technologies such as machine learning, artificial intelligence, and big data analytics. These technologies analyze transaction patterns, customer behavior, and historical data to identify anomalies and potential fraud. Additionally, they employ secure encryption protocols and tokenization to protect sensitive payment information during the processing phase.
Can automated payment approvals handle international transactions?
Yes, many automated payment approval systems are equipped to handle international transactions. They are designed to comply with various regulatory requirements and currency exchanges. These systems utilize global databases and risk assessment models to evaluate transactions across different regions, ensuring adherence to local and international standards while maintaining a high level of security.
How do automated payment approvals detect fraudulent transactions?
Automated payment approvals detect fraudulent transactions by analyzing transaction data in real-time against established criteria and historical patterns. They use machine learning algorithms and predictive analytics to identify unusual behavior, such as sudden changes in spending patterns, location mismatches, or transactions that deviate from a user's typical activity, thereby flagging potentially fraudulent activities for further review or rejection.
What are the limitations of automated payment approvals?
While highly efficient, automated payment approvals can have limitations, such as false positives, where legitimate transactions are flagged as suspicious. They may also struggle with new forms of fraud not yet identified in their algorithms. Additionally, these systems require regular updates and maintenance to adapt to evolving fraud tactics and ensure compliance with changing regulations, necessitating continuous investment in technology and expertise.