Transaction fraud, an existing problem, has risen more due to the digitization of payment transactions. It occurs when unauthorized transactions are made through the stolen payment data or card. This move of cashless transactions has indeed created a lot of chaos in banks and merchants’ security. As with today’s fast-paced transactions, fraudulent people are getting more opportunities to carry out fraudulent transactions rapidly. This leads the fraudulent transactions to go undetected.
So, fraudsters result in the company’s direct loss and even hinder the growth, damaging the brand reputation. Now, to protect you from such illegal and suspicious transactions, we have solutions that will segregate the fraudsters amongst genuine customers.
So, SENTROPI will safeguard your brand by assessing and evaluating every transaction, which will be based on the context, device, behavior of the device, and biometrics.
Features
You need to protect your brand as well as customers, and the same goes for us. And that is why we provide the following features to you.
- We can accurately track and stop the fraudsters who utilize stolen credentials.
- The solutions provided are well optimized as it will instantly identify genuine consumers without rejecting them.
- Our solutions can statistically identify the unusual times of transactions by a bank account or a customer.
- We can also identify transactions that are below regulatory reporting thresholds.
- Our hi-tech solutions can not only trace devices but also check the forgery of loan applications.
Why Choose Us?
Yes, we are well-confident in our machine learning technology as it can correctly pinpoint every new fraud techniques and trends. Our solutions are continually updating the data to provide optimum security to you and your transactions.
We at SENTROPI have integrated plenty of data sources and our experience to make our machine learning algorithms smarter.
We aim to reduce the friction of your real customers during the login and checkout time. It will help your brand in getting optimum security, thereby generating more revenue.
Our dashboard has one of the most optimized and cleaner versions of UI, which will give you a comprehensive view of all the data, machine learning-based decisions, and much more.
Our dashboard has one of the most optimized and cleaner versions of UI, which will give you a comprehensive view of all the data, machine learning-based decisions, and much more.
How does Our Suspicious Transactions Service Work?
Implementation of an evolved framework
Well, yes, our everyday evolving machine learning system helps in merging data along with contexts to provide a valid recommendation to the team. It will help you in countering the newer and updated fraud methods adopted by fraudsters.
Easy tracking of subtle actions
With our advanced technology, we correctly know how to uncover every action like, when fraudsters are trying to anonymize their activities, cover real location, or use deceiving automated tools. We can appropriately observe their behaviour and help you make judgments.
Dynamic system backed up by data scientists
Our solutions are backed by data scientists who can share actionable insight about your business. These data scientists collaborate with risk analysts to dig out new fraud techniques. Thus, our team helps our machine learning algorithm to react and take action correctly.