Card Verification
Verify bank and card details and ensure information on file is linked.
Implement thorough bank and card checks to validate identities and protect against fraud
Our Card and Bank Verification products help ensure consumer-provided details are valid and associated with the names and addresses on file. In instances where card and bank details cannot be linked to the given information, our tools attempt to identify the owner, helping detect suspect behaviour and potentially prevent fraudulent transactions. Our solutions are configurable, and different levels of bank and card checks can be deployed, giving you control over the level of fraud checks and the ability to design them to complement your fraud prevention strategies.
We can also conduct a live check on any bank card in question, verifying the card is active and not blocked, or reported lost or stolen. These days, acting with confidence is a major asset that allows you to focus on your core business.
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Increases confidence that consumers are using their own cards
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Provides assurances the card in use has not been lost or stolen
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Reduces risk of fraud through theft or card information
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Helps to prevent non-genuine consumers from passing through the application process
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Lowers costs associated with fraud
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Facilitates a better user experience through automated verification
New Dimensions of Change
Unlocking the Value of a Total Cost of Fraud Model with CX-Friendly Solutions
How to Identify Your Total Cost of Fraud and Optimise Your Fraud Prevention Strategy
Unprecedented Consumer Behaviour: Learnings for Lenders Six Months Into the COVID-19 Pandemic
