Antifraud-system for the banks
It analyses each transaction, assesses risks, and blocks fraudulent transactions
How it works
The system analyses each transaction according to the set of rules and classifies it according to riskiness
Legitimate transactions are processed quickly, fraudulent ones are blocked, and suspicious ones are referred to an antifraud specialist
In case of fraud, alerts are generated and an investigation is carried out
UKRCARD antifraud system features
Flexible settings
The service allows using different models to prevent fraud and adapting them to new scenarios based on the previous experience.
You can set up instant blocking of suspicious transactions or administrator alerts.
Different modes of transaction verification
Online — all transactions are checked in advance in real time to prevent fraud.
Near-online — authorised transactions are verified according to the established rules to identify cases of fraud that have already occurred.
Pre-test of the new rules
New transaction verification rules can be tested in Near-online mode to check their effectiveness
Keeping white-, black-, and fraud lists
Blacklist is a set of parameters by which the transaction is instantly blocked.
Whitelist is a set of parameters by which the transaction is automatically determined as legal.
Fraud list is a list of values for each parameter to verify the transaction.
Managing alerts and investigations
Suspicious transactions alerts can be sent to system users automatically or manually.
The investigation process can be documented and used for further transaction checks.