An effective fraud detection system makes consumers feel safe and welcome by learning their behavior, protecting their account information, and responding appropriately to risk with knowledge of internal changes as well as global fraud patterns. An effective Fraud Detection System features:

• Easy-to-use rules engine and a self-learning behavior engine to effectively manage risk.
• The scale and flexibility to combine data from call centers and other relevant systems with transaction and log-in monitoring as well as global security intelligence.
• A choice of real-time intervention methods for authentication including challenge/ response questions as well as email, SMS text messages, and automated phone calls.

Preventing and protecting against fraud helps businesses deliver convenience and confidence to consumers with comprehensive protection for online applications and transactions.