NFDS support fraud detection and prevention with threat diagnosis and policy setting.
Banks need to implement Fraud Detection System to prevent losses from the many different types of fraud that are prevalent today.
- Detect fraud transactions by comparing & analyzing financial transaction patterns
- Analyze user’s transaction information[access, transaction, action, etc.] with a Rule Engine
- Rule Engine calculates the risk score and if the score exceeds a set limit, transaction is stopped or additional authentication is requested in real-time
- No influence on user environment during implementation and operation
- Because it does not affect the user environment, it can proactively respond to rapid change in electronic transfer environment