A card’s historical data is not the only tell-tale sign of potential fraudulent behaviour. A fraudster may use the same IP address, but with different cards or the same email address with a different card. There are many possible permutations for various data points. Even a single commonality may point to possible fraudulent behaviour. MerchantRMS picks up on the commonalities to recognize emerging patterns in groups of transactions and check the various data points linked to each transaction. Nexus is also an invaluable tool because it helps expert fraud reviewers drastically reduce time taken to arrive at conclusions.
Our Rules Engine drives fine-grained and detailed decisions for all transactions. The rules can be arbitrarily nested, making the system very flexible for use in even the most nuanced needs. The rules are also conditional, and not executed blindly. If certain conditions are not met, a whole set of rules can be avoided altogether.
MerchantRMS comes with comprehensive rule sets for a variety of industries. These rules are battle hardened over a number of years that MerchantRMS has served customers worldwide spanning various industries. Our simple wizard-based interface deploys tailored rules within minutes.
It is not uncommon for fraudsters to assume stolen or temporary identities. As far as emails go, it is very common for them to create single-use email addresses used to commit individual frauds. These email IDs and their bearers leave behind traces all over the Internet as time goes by. Over a period of time - every email has a reputation built for itself. Our Email Reputation system looks for suspicious patterns in order to fight fraud. It can also increase the quality of fraud scoring significantly.
It hardly takes an hour of your time and it lets us easily convince you!