Center Lead Developer at a tech services company with 10,001+ employees
Real User
2020-11-25T04:33:56Z
Nov 25, 2020
I would like to see more granularity on the acceptance/rejection fraud options. The solution offers three possible options of fraud - accept, reject or not evaluate. Rather than accepting or rejecting someone without providing a reason or risk assessment, granularity could provide a percentage level of risk.
What is Fraud Detection and Prevention? It wasn’t that long ago that fraud detection and prevention involved reviewing a fair bit of historical data analysis. Data scientists would be poring over tons of credit card records in order to spot fraudulent (or with luck, potentially fraudulent) activity.
Fast forward to today and we see fraud detection systems depend on catching and stopping fraud the second it’s spotted or even before it actually occurs. Automated solutions for fraud...
I would like to see more granularity on the acceptance/rejection fraud options. The solution offers three possible options of fraud - accept, reject or not evaluate. Rather than accepting or rejecting someone without providing a reason or risk assessment, granularity could provide a percentage level of risk.