INETCO's Insight of the Week #2 - Fraud Squad, We Applaud You!
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Overview: Payment processors and other financial institutions devote a significant amount of time and effort to transaction monitoring, fraud analysis and the ability to isolate the heart of matters. In most environments, these "fraud squad" teams are still left piecing together transaction fragments, card trails, and network diagnostics like a shattered antique vase. But the time has come to work smarter not harder. Fraud squads are long overdue for new technology that can easily adapt to growing payment environments, shorten forensic cycles and provide the complete, granular transaction data and real-time alerting capabilities needed to proactively do their jobs.