Fraud Risk Management Solution

Future proof fraud management

BANKING

Risk & Fraud Management

Fraud not only causes financial loss, it can significantly affect brand reputation and drives customer attrition.

According to a Nilson report, by 2020 global card fraud losses will exceed $35 billion despite the introduction of EMV. Fraud is shifting to the ‘card not present’ environment, targeting individuals and businesses alike, and fraud attempts and cyber-attacks start to focus on new payments technologies.

Payment service providers need to mitigate fraud risk, analyse each transaction in real-time and monitor fraud across all their channels. Even though each channel has its characteristics and specific fraud risks, there is a lot of benefit in managing fraud detection and prevention across all channels.

BANKING

Features Risk & Fraud Management

Ever vigilant, across all channels

BPC’s advanced fraud prevention solution helps card issuers and acquirers combat the growing threat by monitoring 100% of transactions, online, in real-time across all channels. The powerful and flexible rules engine ensures that you can rapidly implement monitoring policies.

Advanced fraud detection and prevention

Rather than sampling transactions, hoping to catch fraud after it happens, SmartGuard monitors 100% of transactions in real-time so you can stop fraud before it takes place. If a suspicious transaction is detected SmartGuard helps you automatically contact your customer through a range of channels, including email and SMS.

Delight customers and save money

By proactively contacting customers rather than blocking their cards, you can turn a potentially embarrassing situation for them into a positive experience – reinforcing the reasons why they placed their trust in your brand. SmartGuard users have reported saving $1 million per month with the solution.

BANKING

Case studies

SATIM

SATIM wanted to increase the level of functionality of its services and ensure its network would not experience any form of interruption.

BPC powered new functionality and ensured stability of the clients network, increasing availability and allowing network expansion through the country.

ZB Holdings

ZB Bank wanted to develop a fully functional processing center in-house with features built-in rather than standalone add-ons.

The BPC solution provided it and extended the variety of cards issued by the bank, which now offers VISA, local ZB Bank cards, prepaid chip cards, and cashback cards.

Alfa Bank

Learn how the combination of Alfa-Bank’s in-depth fraud expertise and SmartGuard’s capabilities has been highly effective, driving down fraud rates and preventing up to US$1 million per week in losses.

Banca Transilvania

Learn how customers of Banca Transilvania are reaping the benefits of BT’s SmartVista-powered systems.

Monétique Tunisie

Learn how Monétique Tunisie creates its own custom ATM scenarios and streamlined it's company’s operations, bringing transparency to all its transaction flows, international payment systems authorizations and inter banking relations.

Sberbank

Learn how Sberbank and BPC have built a successful partnership that has endured for over 19 years. The two organisations liaise closely to keep Sberbank at the forefront of innovation and to keep its business secure.

State Bank of Mauritius

Learn how the new platform at State Bank of Mauritius delivered quantifiable benefits almost immediately.

Telered

Learn how Panama’s national switch, Telered, is responding to rapid evolution in the payments market by replacing its legacy infrastructure with SmartVista.

DSK

Learn how DSK wanted a comprehensive fraud prevention system to ensure the safety of its customers and their accounts and cards and replaced its legacy infrastructure with SmartVista.

CPB

CPBank required a system flexible enough to support different areas of business and support its growth. It wanted to improve its ATM functionality to match improvements in its card management capabilities.

BPC has introduced new switching capabilities, and ac ard Management system with card generation and issuing options, as well as expanding the bank’s portfolio of cards issued.

WeNet

Learn more on how WeNet chose BPC’s SmartVista platform to develop its Instant Transfer Scheme (ITS) for real time retail payments and the National Switch for card payments in Yemen.

BANKING

Resources

Brochure Fraud Management

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Brochure Digital Banking

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Brochure Card Management

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BANKING

Discover our other Smart Vista Solutions

Switch

With Switch from BPC, issuers, acquirers and processors can manage the fast-moving payments landscape and deliver the best levels of service to their customers.

Instant Payments

BPC ‘s SmartVista payment hub centralizes the processing of all payments at a bank, whether they be Card, Real-time, ACH or any other form of payment.

API Banking

The SmartVista API Banking solution is based on the SmartVista Integration Platform and provides banks with a solid foundation for PSD2 compliance.

ATM Management

SmartVista ATM Management supports a wide range of services such as cash withdrawal, balance inquiry, mini statements and a variety of payment options.

eWallet

The BPC eWallet product supports credit, debit and prepaid cards straight out of the box including support for specialist card types.

eCommerce

SmartVista’s eCommerce engine provides a secure, state-of-the-art gateway for internet payment processing.

Overview SmartVista Solutions

BANKING

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