Debit Card Fraud Management Services 
EFD Debit Card Fraud Management Services
How do you best combat fraud without negatively impacting your bottom line? You need a flexible, outsourced solution that responds to changing fraud patterns faster, while protecting your customer relationships to ensure continued growth and profitability.
Effective detection and prevention of debit fraud should provide:
- Simultaneous handling of signature debit and PIN-based debit transactions
- High detection and low false positive rates
- Minimal impact on customer satisfaction
- Real-time detection to minimize losses
EFD recognizes the delicate balance between exceptional service and effective risk management, which is why we offer Fair Isaac’s Falcon™ Fraud Manager 5.1 as a core part of our debit card fraud management services. Our comprehensive fraud management solution gives you highly effective fraud detection technology that analyzes your debit card transactions for complex, hidden and emerging fraud schemes. It is designed to promote cost savings, while allowing you to maintain focus on growth and customer service improvement.
EFD’s Solution:
- Reduces fraud losses
- Detects more fraud with lower false positives
- Delivers earliest possible warning of fraud activity
- Improves effectiveness of fraud operations
- Reduces internal staffing expense
- Requires minimal training
- Increases customer service by protecting cardholders’ deposit assets
- Reduces deposit insurance expense
| Advanced neural network modeling |
Patented account profiling |
Rules-based strategy management |
Comprehensive case management |
|
Benefits |
> Debit-specific models > Real-time scoring |
> Individual cardholderprofi les > Compare historical recent transactional patterns |
> Create real-time through user-friendly interface > Change case creation or authorization response stategies |
> Review, action and document cases > User-friendly > Customizable > Detailed Reporting |
> Precise fraud detection at the highest rates > Greater pattern detection |
> Lower false positive rates > Minimize impact on good customers |
> Combat ‘flash fraud’ > Customize fraud managment |
> Improved operational efficiency > Maximum savings |
EFD Debit Card Fraud Management Services