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Risk Management Services
CardAlert™ Fraud Manager: Your first defense against counterfeit card fraud
Participation in CardAlert Fraud Manager ensures that all
covered card issuers benefit from the rapid identification of
counterfeit card usage and notification of additional cards at
risk.
Exposure to fraud and the losses associated with counterfeit
debit-card crime plague almost all financial institutions today.
Due to the vast amount of technology available to any criminal,
organizations often find that remaining proactive can be an
arduous task. To fight back, ACCEL/Exchange offers CardAlert
Fraud Manager, a service combining powerful predictive analytic
software and investigative techniques to help your organization
spot fraud in its earliest stages and reduce counterfeit losses.
The rapid growth and acceptance of payment cards in the United
States has provided the ultimate in convenience for consumers
and financial institutions alike. Along with the exponential
growth and success of payment cards comes the ultimate
challenge for every financial institution—mitigating fraud.
Maintaining consumer confidence is paramount for any
organization that measures success by growing a customer base
through quality service based on consumer trust. That’s why
CardAlert Fraud Manager is designed to focus on controlling
outbreaks of unauthorized counterfeit withdrawals. CardAlert
identifies at-risk cards that may not yet have been used for
unauthorized withdrawals. CardAlert makes it possible to
actually isolate and control the losses associated with
counterfeit crime through its detailed analysis.
Features:
- Leading fraud detection service that provides early detection
of debit card counterfeit fraud
- Analyzes daily transaction activity to detect potential
compromise and pinpoint potential fraud
- Works closely with law enforcement to expedite investigations
and broaden cases beyond a single issuer
- Combines analytic software and services to provide dynamic
analysis
- Incorporates transaction data across
multiple card issuers to identify fraud
Benefits:
- Saves financial institutions millions of dollars in fraud
losses
- Identifies counterfeit cards and skimming fraud before the
majority of losses occur
- Used by leading card issuers to protect more than 60% of all
U.S. debit cards
- Realize significant return on investment—equaling as much as
eight times or more for every dollar invested
- Stop more fraud with same-day suspect identification and
reporting
Contact us for more information.
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Products & Services
