At EFD, we understand that there are no “silver bullet” rules or other procedures that will effectively identify 100% of the fraudulent orders booked on your website. We realize that some orders will have to be manually reviewed. To effectively fight online fraud in the retail sector, you must have an efficient mechanism to identify transactions that require additional review and an efficient manner in which to conduct that review.
Until now, the commercial fraud screening applications available to eCommerce merchants only addressed the front end of the problem, offering a decisioning engine, which analyzes orders and returns a recommendation to “accept,” “reject” or, in many cases, “review” transactions. Until now, no service provider has stepped forward to offer merchants a comprehensive tool that also focuses on the back-end issues, simplifying the burden of manual order review. We understand that your battles don’t end with a suggestion to review certain transactions and accept others. We realize that the review process can be extremely cumbersome and you face internal resource limitations to build your own comprehensive solutions.
That is why we created RAPIDReviewer, the first commercial application dedicated to automating and simplifying the manual order review process and all its related tasks. RAPIDReviewer will not only decrease your exposure to online fraud, but also reduce your overall operating cost and encourage fraudsters to seek other targets for their crimes.