1Home
2Company- 2.1Profile
- 2.2Management
- 2.3Key Figures
3Products- 3.1Payment
- 3.1.1Credit Card Processing
- 3.1.2Direct Debit
- 3.1.3SEPA Direct Debit
- 3.1.4Online Banking Payments
- 3.1.5Alternative Payments
- 3.1.6Worldwide Payouts
- 3.1.7Tokenization
- 3.1.8Consumer Services
- 3.1.9Terminals
- 3.1.10Payment Page
- 3.2Risk management
- 3.2.1Transaction Check
- 3.2.2Consumer Check
- 3.2.3Decision Logic
- 3.2.4Fraud Prevention
- 3.3Banking Services
- 3.3.1Credit Card Acceptance
- 3.3.2Merchant Accounts
- 3.3.3Co-Branded Cards
- 3.3.4Payout Cards
- 3.4Consulting
- 3.5Call Center
- 3.1Payment
4Industries- 4.1Travel
- 4.2Consumer Goods
- 4.3Digital Goods
5Investor Relations- 5.1Wirecard stock
- 5.1.1STOCK CHART
- 5.1.2Share Capital
- 5.1.3Analysts
- 5.1.4Downloads
- 5.2Financial News
- 5.2.1Financial News
- 5.2.2Ad Hocs
- 5.2.3PRODUCT NEWS
- 5.3Financial Reports
- 5.4Financial Calendar
- 5.5Corporate Governance
- 5.5.1Documents
- 5.5.2Directors Dealings
- 5.5.3Annual Documents
- 5.6AGM
- 5.1Wirecard stock
6Press
7Career
Fraud Prevention Suite
Using a highly efficient analytic system, the Fraud Prevention Suite enables you to identify fraud in electronic online payment processing better and faster.
The benefits:
- Best possible fraud detection
- Industry-specific fraud-related parameters
- Integrated simulation functions
- Minimization of the number of transactions erroneously categorized as being suspected of fraud
With the Fraud Prevention Suite, Wirecard AG is establishing a further development in the risk management product line.
Using a refined analytical system, fraud patterns, which can be automatically recognized during electronic online payment processing, are now integrated directly into the rules for preventing fraud in international e-commerce.
With the Fraud Prevention Suite, merchants have the best possible fraud detection while simultaneously minimizing the number of transactions erroneously categorized as being suspected of fraud. This is because, on the basis of master data, sets of rules are optimized with integrated simulation functionality in order to evaluate the relationship between recognized cases of fraud and regular transactions that are denied.
Not only are international merchants subjected to fraud attempts more frequently, but they are also exposed to a greater variety of fraud patterns than merchants operating within a single country.
When processing credit cards on a global scale in particular, fraud must be identified better and faster and preventive measures must be taken.
Wirecard AG has tailored its new Fraud Prevention Suite solution to the requirements of core e-commerce industries: consumer goods, airlines/tourism and digital goods.
VERIFICATIONS
- Standard Velocity Check
Transaction denial whenever the daily/weekly/monthly limit on the number of transactions for a card is exceeded.
- Enhanced Velocity Check I
Transaction denial whenever too many authorization attempts with different credit card numbers from the same e-mail or IP address within a certain time period are denied.
- Enhanced Velocity Check II
Transaction denial whenever too many cardholder names/e-mail addresses are used with the same card.
- Automatic hotlisting
Transaction denial when an e-mail/IP address/card has already been used for known illegitimate transactions.
- US cards
whitelisting Acceptance of cards issued in the US for whitelisted countries of residence only.
- Tolerant IP/BIN check
Approves transactions only when the country where the card was issued matches the country of the end user's IP address. "Tolerant" means, for example, that French cards can also be accepted from Luxemburg and French overseas territories.
