Are your fraud levels restricting your growth? Are you turning away genuine customers?
E-commerce fraud is perpetually on the rise. Fraudsters change their methods and adopt new technology with merciless energy, and keeping up with emerging threats is a constant challenge for any online business.
To meet your needs for a robust, flexible fraud prevention system, Worldline has partnered with ACI Worldwide to bring you the first-rate ACI ReD Shield® fraud management solution.
The ACI ReD Shield® Advantage
1. Consortium Data: Strength in Numbers
If data is king in the fight against fraud, big data is the emperor. Data from your own customer base can help you see patterns, but true intelligence requires a deep understanding of emerging trends across industries and geographies.
ReD Shield is constantly updated with information from internal and external sources — including hot card files, chargeback data, anonymized data from other merchants and information traded on the dark web. The result? Everyone using the platform can detect and prevent fraud faster.
2.Expand Your Business with Confidence
The ReD Shield rules engine is informed by powerful machine learning algorithms. The flexible, unlimited rules are tailored by vertical and even by merchant depending on requirements.
These flexible rules and alerts enable you to adapt to new channels, markets, payment types and sales trends and respond to changes in fraud patterns fast.
3.Real Time, All the Time Fraud Screening
The ability to screen transactions in real time has never been more important, but there is proven value in the ability to retrospectively screen transactions too.
Re-screening live orders against newly received fraud intelligence within ReDi gives you the opportunity to block fraudulent actively at different points in the transaction cycle, even after a transaction has been accepted but is later linked to potentially fraudulent data.
4.Your Window into Changing Fraud Patterns
There is no doubt that a well-defined fraud management strategy will protect your business and optimize checkout conversion. However, the story doesn’t end there. It is vital that you continue to monitor and update your strategy as fraudsters continue to develop new methods of attack. What worked yesterday might not be as effective today or next week.
The ReD Shield business intelligence portal ReDi ™, provides an invaluable window into transaction data, enabling customers to continuously monitor and refine their fraud prevention rules to stop fraud faster.
5.Customer Profiling: Know your good customers?
To minimize fraud and maximize conversion, identifying fraudsters isn’t enough. A high-performing fraud management solution must also positively identify good buyers.
ReD Shield offers sophisticated profiling at both a local and global level, so you can delight your genuine customers, boost conversion, and cultivate loyalty.
6.The Human Connection
While technology provides powerful tools for preventing fraud, human expertise is still fundamental. A global team of 30 expert analysts ensures that the ReD Shield solution constantly adapts to changing patterns of fraud, anywhere in the world, while remaining perfectly tailored to each vertical and even individual business needs.