Are Legacy Systems and Manual Processes Holding Back Your Merchant Risk Management?
Elevate your risk management by replacing outdated systems with streamlined, automated solutions that enhance accuracy and boost efficiency.
Unmanaged Merchant Risk
Legacy systems lack continuous, data-driven oversight, letting high-risk merchants slip through and exposing you to chargebacks, fines, and reputational damage.
Manual, Spreadsheet-Heavy Monitoring
Risk teams juggle Excel and siloed data, slowing investigations, inflating headcount costs, and delaying fraud containment.
High False-Positive Rates
Rigid rule sets flag too many good transactions, frustrating merchants, driving support calls, and eroding revenue.
Scalability & Integration Barriers
Older tech stacks struggle to ingest new data sources or rising transaction volumes, hindering innovation and partner onboarding.
Transform Risk Management with FraudNet's Cutting-Edge Solutions
Enhance risk management efficiency and reduce fraud losses with FraudNet's seamless, real-time integration for Payment Processors.
API-First Fraud Scoring
Real-time scores drop in via REST, no re-platform needed.
Unified Risk Dashboard
One view merges merchant, device, and network intel instantly.
Adaptive Decision Rules
Low-code rules engine updates in minutes, not release cycles.
Elastic Cloud Processing
Auto-scales to peak TPS without hardware or downtime.
AI-Native, Millisecond Decisions
FraudNet’s AI-driven models scrutinize every transaction in milliseconds, slashing fraud losses by up to 60%. Enhance your payment processing with real-time intelligence, safeguarding customer experiences while optimizing security and minimizing disruptions, ensuring smooth and trustworthy transactions every time.
Holistic Merchant Intelligence
Integrate external data, consortium insights, and internal histories to achieve comprehensive 360° visibility. Rapidly pinpoint risky merchants and detect emerging fraud rings, empowering your team to act swiftly and protect your bottom line with unparalleled accuracy and efficiency.
Low-Code Integration & Rapid ROI
Seamlessly integrate FraudNet into your system with modern REST APIs, SDKs, and pre-built connectors. Empower your engineers to deploy in weeks, not months, reducing operational costs and boosting revenue growth, all while enhancing your fraud prevention capabilities.
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 the main challenges in integrating legacy IT systems with modern payment processors?
Integrating legacy IT systems with modern payment processors often involves challenges such as outdated technology, lack of documentation, compatibility issues between old and new systems, and limited support for new security standards. Additionally, legacy systems may not easily accommodate modern APIs, making data exchange difficult. Overcoming these challenges requires careful planning, possibly updating or wrapping legacy systems, and ensuring robust security measures are in place to protect sensitive payment data.
How can legacy IT systems be modernized for better integration with payment processors?
Legacy IT systems can be modernized through approaches such as refactoring, replatforming, or replacing outdated components. Implementing middleware solutions to bridge gaps between legacy systems and modern payment processors can also be effective. Employing microservices architecture and leveraging cloud technologies can enhance scalability and flexibility. Additionally, wrapping legacy systems with APIs can facilitate smoother integration, allowing them to communicate more effectively with contemporary payment processing solutions.
What role do APIs play in the integration of legacy systems with modern payment processors?
APIs play a crucial role in the integration of legacy systems with modern payment processors by acting as intermediaries that enable different software applications to communicate and share data. They allow legacy systems to expose necessary functionalities to modern platforms, facilitating seamless interaction. By using APIs, businesses can extend the capabilities of legacy systems without extensive re-engineering, ensuring that they can support new payment methods and security protocols required by modern payment processors.
How can security be ensured when integrating legacy IT systems with payment processors?
Ensuring security during integration involves implementing robust encryption protocols for data in transit and at rest, employing secure API gateways, and conducting regular security audits. Utilizing multi-factor authentication and tokenization can further protect sensitive data. It's also important to ensure compliance with industry standards such as PCI DSS. Regularly updating software and applying patches to legacy systems can mitigate vulnerabilities, while monitoring for suspicious activities can help detect and respond to potential security threats.
What is the importance of maintaining documentation during the integration process?
Maintaining comprehensive documentation is critical during the integration process as it provides a detailed record of system configurations, integration points, and workflows. This documentation serves as a valuable reference for troubleshooting, making future updates, and ensuring continuity if team members change. It helps in understanding the intricacies of the integration, facilitates communication among stakeholders, and ensures that all aspects of the integration process are transparent and replicable, reducing the risk of errors and improving overall project efficiency.
What strategies can be employed to minimize disruption during the integration of legacy systems with new payment processors?
To minimize disruption, it's important to conduct thorough planning and testing before full-scale implementation. Strategies include using a phased approach to integration, where components are gradually transitioned, and parallel running, where both systems operate simultaneously to ensure stability. Engaging in stakeholder communication and training ensures that all users understand the changes. Additionally, employing robust rollback procedures can help revert to previous states if issues arise, ensuring minimal impact on operations and customer experience.