PayPoint.net enhances leading fraud tool
FraudGuard, now in its sixth year, has gained a loyal following among clients who enjoy the benefits of its powerful and highly flexible real-time functionality, allied with quick and intuitive web-based configuration and reporting.
The enhanced FraudGuard 4 is designed to allow businesses to quickly deploy controls which promote safe acceptance of revenue whilst properly targeting areas of fraud according to desired risk. The service is available immediately for all new and existing PayPoint.net clients.
In this latest release, businesses can enjoy the efficiency of multi-level fraud screening, tackle a range of abuses with more complex velocity controls, isolate fraud with identity morphing detection and deploy these controls around specific operational challenges using advanced scheduling.
FraudGuard 4 also features interactive world mapping, which provides clear visual representation of territory management configured via the software. And for the first time the product is now available standalone - meaning that businesses can adopt these services to manage payments processed anywhere.
"Managing fraud can be time intensive, costly and at times, inaccurate - 70% of genuine transactions are actually blocked unnecessarily due to the stringent rules of a merchant’s risk management solution. Risk is ever-changing, which is why we’ve designed FraudGuard 4 to be flexible enough to help merchants tailor their risk profiles to the needs of their business.
Also, as it’s now available as a standalone service, any business can manage online payments processed anywhere in the world regardless of whether they’re a PayPoint customer.”
- Michael Norton, managing director, PayPoint.net
