Technology

RiskNet:

AFS have the expertise to enable you to be constantly vigilant about the threat of fraudulent credit card transactions. Our team of highly skilled fraud specialists ensures precaution when it comes to online transactions. Benefits from our fraud monitoring services include:

• Easy implementation and low cost
• Active 24/7
• Proactive reduction of fraud losses
• Cover all published international payment card regulations pertaining to card and merchant frauds
• Manage millions of daily transactions with ease

Our partner in online fraud monitoring services is Risknet, a reputed organization that has the perfect technology to combat the current worldwide online and payment card frauds. With this system, banks and financial institutions can reduce financial losses and increase profitability. In turn, this enhances clients’ confidence and provides a rapid return on investments.

The sophisticated Risknet System allows issuers and acquirers to monitor offline and online transactions. The Risknet Alert Module enables analysis and a quick and effective response thereof to any reported suspicious activity. The Risknet Authorization Module allows issuers to block a card, an account or even an entire BIN range in real time. It also has an inbuilt provision for the issuer to contact a customer or bank to verify a suspicious transaction and limit fraud losses.