FIS said that its Fraud Alert Management solution features the ability to adapt intuitively as new card and merchant data models are added.
The solution also synthesizes intelligence drawn from billions of payment card transactions, weighs key attributes that identify fraud and isolates transactional patterns indicative of fraudulent activity.
FIS claims that its fraud solution can also synthesize credit, debit and prepaid transactions on the same platform, significantly improving accuracy through the monitoring of multiple types of cards.
Everlink president Mark Ripplinger said Everlink is proud to partner with FIS to bring its Fraud Alert Management solution to its financial institution and credit union clients in Canada. Now all of these debit cardholders will benefit from FIS’ robust fraud technology and expertise in preventing and reducing debit card fraud.
FIS Payment Solutions Group executive vice president Frank D’Angelo said with its team of fraud analysts and associates working 24/7/365, FIS will offer Everlink’s customer base the unmatched fraud prevention expertise they can count on to protect their cardholders and their bottom line.
