Our technology and architecture uses use hundreds of different data sources to manage risk both and the portfolio and account level and to drive real-time decisions for transaction monitoring.
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To minimize potential transaction risks, use the following criteria to monitor transactions from merchants in real-time:
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Recommended Monitoring Rules
High Level Rule Set | Description |
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Transaction Amounts | Monitors transaction amount totals. |
Velocity Checks | Monitors the average number of transactions being processed. |
Decline frequency | Monitors the number of declines and how frequently they occur. |
Duplicative use of Cards | Monitors use of cards for duplicate transactions. |
Card Security (CVV) and Address (AVS) Checks | Monitors card CVV and billing address checks for transactions. |
Non-offsetting refunds | Monitors occurrences of refunds being issued where offsetting transaction funds are not available for the merchant. |
Maximum refunds | Monitors the number of full refunds issued from the merchant. |
Daily Disbursement Amounts | Monitors the amount disbursed to an entity daily. |
Daily/Monthly Processing Limits | Monitors the amounts processed against the limit set for daily and monthly totals. |
Recommended Monitoring Activities
Monitoring Activity | Description |
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BIN Concentration | Triggered by large influx of transactions via a single BIN. |
Explosive Growth/Bust Out | Triggered by an unusually large influx of transactions overall compared to previous averages for the merchant. |
Chargeback and Return Rates | Triggered by high amounts of chargebacks and returns under a merchant. |
Reactivate after Inactive Period | Triggered by merchants that have been inactive for an extended period of time (i.e. no transaction processing). |
Card Testing | Triggered by imitation transactions to test card validity. |