RiskNet Issuer is an extremely powerful fraud detection and prevention system that can:
- dramatically reduce card fraud losses
- improve efficiency and
- increase profitability
Developed by aiCorp's fraud management specialists, this highly intuitive system is used by customers who typically achieve more than 70% fraud detection.
Cost-effective and predictably scaleable, RiskNet Issuer can meet any practical performance requirements - even for the largest banks and processors.
Unlike many other competitive systems, especially those based on neural technology, it can run in full real-time on inexpensive and readily available hardware.
RiskNet's low cost infrastrucuture requirements and easy to implement interfaces means issuers can have the excellent protection offered by a real-time monitoring system usually within only one or two months.
Other valuable benefits of RiskNet Issuer are:
- Easily integrated into your business process
- Can function in single or multi-banking (processor) environments.
- Real-time authorisation monitoring
- Real-time rule and parameter creation, revision and testing
- Transient parameter changes
- Informative Alerts that empower decision making
- End-of-day settlement transaction analysis
Because we continually involve our customers in the design process, RiskNet is highly intuitive and features many time and labour-saving functions that are valued throughout our customer base.