Fraud Prevention and Detection for Credit and Debit Card Transactions by ILOG, an IBM CompanyWelcome, Guest      sign in | register | help

   Search for:        Advanced Search
Research Abstract
Fraud Prevention and Detection for Credit and Debit Card Transactions
by ILOG, an IBM Company

> View this now

Published on: April 2008
Type of content: WHITE PAPER
Format: Adobe Acrobat (.pdf)
Length: 5 pages
Price: FREE

The fraud and risk manager is often caught between demands to reduce losses to fraud and balance the requirements of customer value. With false positive rates (FPR) becoming a significant driver for fraud detection operations, organizations must determine a way to effectively provide FPR values to allow the fraud prevention and detection strategy to be updated, tailored and adopted quickly, and its performance to be monitored efficiently.

This white paper examines credit card fraud and details business rules-based fraud prevention and detection. Discover how Business Rule Management Systems (BRMS) allow businesses to make better decisions based on FPR, improving the end-user experience. Learn how a BRMS applied to the task of card fraud prevention and detection allows credit and risk personnel to interact effectively in both strategic and tactical efforts. Explore how the BRMS approach represents a significant change in technology and attitudes toward fraud prevention and detection.

> View Company Report
> View all content by this company
> Return to Search Results

  The Complete KnowledgeStorm Network of Technology Search Sites. Focused searching for faster results.

TechTarget provides enterprise IT professionals with the information they need to perform their jobs - from developing strategy, to making cost-effective IT purchase decisions and managing their organizations' IT projects - with its network of technology-specific Web sites, events and magazines.

TechTarget Corporate Web Site  |  Media Kits  |  Reprints

  TechTarget - The IT Media ROI Experts