European Fraud Trends and Best Practices to Reduce Risk

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Leverage Global Data Sets

Traditional decision models are constrained by the availability of local data and can provide hindsight only. However, there are new models that take advantage of global credit card consortium data sourced from multiple clients across multiple countries, allowing decisions to be made with foresight.

Realign Detection Models

Card-not-present is now our largest fraud challenge (see graph), and attacks are going to be more varied and from many different angles. Are your existing rules and models sufficient for the evolving mobile and Internet technologies?

Card Fraud Losses Split by Type

Distribute Cost Loads

Operating alone is a very expensive and time-intensive proposition. Properly-configured fraud services provide affordable access and greatly reduce implementation times.

Contact us at +44 20 7160 9400 or primesales@tsys.com