RiskShield - Payments

RiskShield - the next generation of fraud prevention

Banks around the world are reporting a huge rise in fraud involving cashless payments, above all when using debit and credit cards. Usual fraud prevention systems are often unable to react quickly to the new fraud pattern. Furthermore, it is not transparent why a system classifies a transaction as too risky and rejects it.

RiskShield is the software solution for finance. Currently it protects more than 145 million cards against fraud in payments. RiskShield detects and prevents fraud with credit cards and debit cards at ATMs, merchants and in Internet shops. RiskShield also prevents merchant fraud. RiskShield works similar to a human expert: The fraud risk is classified on the basis of the long-standing experience of human fraud experts, whereby both fraud as well as non-fraud indicators are taken into account.

Banks, payment and processing service providers who have replaced existing fraud prevention systems with RiskShield report 30% reduction of fraud damage and thus annual savings that run into millions. Our customers are top of the rankings when it comes to the efficiency of fighting fraud.

RiskShield is also applicable to fraud prevention in Internet Banking.