Skip to content
press release
Becky Sales 12-08-20

Catching Fraud at Point of Sale Through New Card Scoring Model

The technology built into the new model ensures that the rapid speed of authorisation, for which Paymentology has become recognised as the market leader, is not compromised and the accuracy of the data ensures that all non-fraud cases are cleared virtually immediately.
 

Through integration of the Paymentology platform into banking systems, card users will enjoy a faster and more secure experience, whilst banks can further reduce their exposure to fraud occurring and the need for refunds.

Chief Commercial Officer at Paymentology, Matt Bruton commented, “The activity of fraudsters is a continual challenge for issuing banks and their clients. The upgraded systems used in the new Instream Fraud Scoring model combine the latest technologies and data analytics meaning that many more fraud instances are now set to be picked up as customers use their cards.”

Related articles

Card Image
Paymentology and Sopra Banking Software Forge Strategic Partnership to Revolutionise Global Card Issuing Services

April 23, 2024

Card Image
Tuum and Paymentology Collaborate to Provide Banks and Fintechs Access to a Global Gateway for Card Management and Payment Processing Solutions

September 19, 2023

Card Image
Paymentology Partners with Manigo to Deliver Card-based Banking Solutions in Under 4 Weeks

December 8, 2020