What do spam detection, facial recognition, product recommendations and credit -
card fraud detection have in common?
Not exact matches
As anyone who has received a call from their credit
card company asking about an unusual charge knows,
card issuers have sophisticated
fraud detection programs.
Its standard payments solution is fully integrated into your business, offers
fraud prevention and
fraud detection tools, direct bank transfer, recurring payments and multi-party payments, all major credit
cards and ACH payments.
The conventional credit
card network essentially works on the honor system, with
fraud -
detection happening after the fact.
From cellular telephony (HLRs,
fraud detection, real time processing of CDRs), banking and finance (detecting fraudulent
card payments and money laundering), business intelligence (real time data warehousing and scalable targeted advertising), safety (mitigation of denial - of - service attacks, processing systems security events), sensor networks (processing output of massive sensor networks) to domotics (smart buildings), to name but a few.
For American Express, the benefits and features of the
Cards it provides comes down to... services like travel - related insurance, purchase protection, and
fraud detection.
AmeriCU proactively safeguards your account from potential
fraud by blocking certain transactions flagged by our
fraud detection system, and / or placing a temporary freeze on your
card, protecting your funds.
We also use a state - of - the - art
fraud detection system to prevent your credit
card from being fraudulently used.
For your protection and ours, we also employ a state - of - the - art
fraud -
detection system that minimizes the likelihood that your credit
card will be fraudulently used.
SELECTED ACHIEVEMENTS • Introduced a
fraud detection system that worked on the basis of original client information and that provided at
card charge time which decreased fraudulent activities by 51 %.