RiskNet Issuer
Our flagship fraud detection and prevention product was developed and continues to be enhanced with significant input from issuers, which ensures it operates intuitively and gives all of the information and functions you would expect, right at your fingertips.
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.
