Are You Struggling with Unchecked Merchant Risks and Inefficient Fraud Management?
Gain control over merchant risks and streamline fraud management to safeguard your reputation and optimize operational efficiency.
Unmanaged Merchant Risk
Spreadsheet-based tracking cannot keep pace with fast-moving merchant portfolios, allowing bad actors to slip through onboarding and expose your processing business to costly chargebacks, fines, and reputational harm.
Manual Monitoring Bottlenecks
Analysts waste hours copying data between sheets, delaying critical decisions. Slow, error-prone workflows open wider windows for fraud and inflate operating costs when transaction volumes spike.
High False-Positive Rates
Static, one-size-fits-all rules flag too many legitimate merchants. Excess friction strains client relationships, drives unnecessary reviews, and erodes revenue from healthy accounts.
Limited Scalability and Insight
Spreadsheets can’t ingest real-time feeds or advanced analytics, leaving you blind to emerging patterns and unable to scale protections as your transaction traffic grows.
Transform Risk Management with FraudNet's Cutting-Edge Solutions
FraudNet streamlines fraud management, enhancing security and efficiency for payment processors facing unchecked risks.
Policy Monitoring Engine
Real-time rule enforcement for chargeback, refund, and velocity limits
Anomaly Detection Models
ML flags outlier merchant behavior missed by static thresholds
Merchant-Level Thresholds
Custom limits minimize false positives and protect revenue
Unified Case Dashboard
End-to-end alert, investigation, and resolution workflow
AI-Native Real-Time Detection
FraudNet empowers payment processors by scrutinizing each transaction in milliseconds, intercepting suspicious activity before funds are settled. This real-time vigilance offers proactive risk management, ensuring your operations remain secure and efficient while protecting your business from financial and reputational harm.
Automated Case Management
Streamline your fraud management with our unified console, designed specifically for payment processors. Automate case assignments, tracking, and audits, transforming the investigation process from a manual, time-consuming task to a swift, efficient operation that resolves merchant decisions in minutes.
Scalable, Low-Code Rule Builder
Effortlessly customize fraud policies tailored to each merchant, channel, or region without waiting for developers. This flexibility empowers payment processors to swiftly adapt to emerging threats or evolving business models, ensuring robust protection and seamless operations in a dynamic payment landscape.
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 is a payment processor fraud spreadsheet alternative?
A payment processor fraud spreadsheet alternative is a software or tool designed to detect and prevent fraudulent activities in payment processing. Unlike spreadsheets, which require manual data entry and analysis, these alternatives use automated processes and algorithms to identify suspicious transactions, monitor patterns, and flag potential fraud in real-time. This enhances efficiency, accuracy, and response time, reducing the risk of financial loss and reputational damage.
Why should businesses use a fraud detection alternative instead of spreadsheets?
Businesses should use fraud detection alternatives instead of spreadsheets because these tools offer automated, real-time monitoring and analysis, reducing human error and time consumption associated with manual processes. They employ advanced algorithms and machine learning to detect complex fraud patterns that spreadsheets might miss. Additionally, they provide better scalability, security, and compliance with industry standards, ultimately leading to more effective fraud prevention and mitigation.
How do fraud detection tools integrate with existing payment systems?
Fraud detection tools typically integrate with existing payment systems through APIs (Application Programming Interfaces). This allows seamless communication between the systems, enabling real-time data exchange and analysis. The integration process often involves configuring the tool to access transaction data, setting up fraud detection rules, and customizing alerts and reports. Many tools offer compatibility with popular payment gateways and processors, ensuring minimal disruption to business operations while enhancing security.
What features should I look for in a payment processor fraud detection tool?
When choosing a payment processor fraud detection tool, look for features like real-time transaction monitoring, machine learning algorithms for adaptive fraud detection, customizable rules and alerts, comprehensive reporting and analytics, and easy integration with existing payment systems. Additionally, consider tools that offer user-friendly dashboards, multi-layered security measures, support for various payment methods, and compliance with industry regulations to ensure robust fraud prevention and a seamless user experience.
Can fraud detection tools reduce false positives in transaction monitoring?
Yes, fraud detection tools can significantly reduce false positives in transaction monitoring. They achieve this through advanced machine learning algorithms and data analytics, which help differentiate between legitimate and fraudulent activities more accurately. By continuously learning from transaction patterns and behaviors, these tools refine their detection models, minimizing unnecessary alerts and allowing businesses to focus on genuine threats. This enhances operational efficiency and customer satisfaction by reducing the likelihood of incorrectly flagged transactions.
How do fraud detection tools help with regulatory compliance?
Fraud detection tools help with regulatory compliance by providing features that align with industry standards and legal requirements, such as PCI DSS (Payment Card Industry Data Security Standard) and AML (Anti-Money Laundering) regulations. These tools offer automated reporting and audit trails, ensuring transparency and accountability. They also provide real-time monitoring and alerts for suspicious activities, enabling businesses to take timely action and maintain compliance, thereby avoiding legal penalties and reputational damage.