Minimize Risk, Reduce the Cost of Fraud & Enhance Your Brand
Financial institutions are continually faced with ever increasing challenges. Criminals
constantly come up with new forms of payment and identity fraud; phishing, skimming,
hacking, ID theft, card number and PIN code compromise, counterfeit cards and account
usage, etc. As the financial institution, you absorb 100% of the risk and liability
on behalf of your customers. How can you minimize that risk?
iXept Purchase Alert™
can work hand in glove with you to proactively catch fraud within seconds of the
purchase. Reactive methods of monitoring fraud are far less efficient and cost-effective.
iXept Purchase Alert™ includes multi-channel financial fraud detection: credit,
debit and prepaid cards, ACH, wire, bill pay, and check.
• Customize alert rules for high risk account holders
• Reduce expenses, losses, & resolution time
• Deliver an improved account holder experience
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Nearly 90% of fraud is discovered by the account-holder, not the financial institution.
In the end, the financial institutions suffer, bearing 94% of the cost of fraud.
Javelin Strategy and Research Reports
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