Fraud and Risk Management solutions usually focused on single instrument of payment like \u2013 card or cheque or wire transfer, etc. However, fraudsters did not have such compulsions to confine to a mode or channel and hence the fraud migrated from one channel to another. When chip and PIN made it difficult to commit card fraud for in-person payment at point-of-Sale (POS), the fraud migrated to e-commerce. As 3DS2 is making it difficult to commit fraud on e-commerce card usage, it is moving to alternate payment methods. Furthermore, the fraud at POS is emerging in a new way for real-time payments and use of QR code, especially when QR code is sent as a mobile picture for customers to scan-and-pay.<\/p>\n\n\n\n
Hence, the need of the hour is not a channel or payment instrument specific FRM, but a solution that can cater to cross-channel, and more focused to behavioural based fraud detection.<\/p>\n\n\n\n
RS IntelliEdge\u2122 is a multi-channel digital payment FRM solution which provides a single FRM solution for cards, A2A, real-time payments and more, and even leverages the commerce context like P2P payment, P2M payment, toll-gate payment, etc. to bring in larger coverage for protection. Click to know more: http:\/\/rssoftware.com\/rs-intelliedge-banks\/<\/p>\n","protected":false},"excerpt":{"rendered":"
Fraud and Risk Management solutions usually focused on single instrument of payment like \u2013 card or cheque or wire transfer, etc. However, fraudsters did not have such compulsions to confine to a mode or channel and hence the fraud migrated from one channel to another. When chip and PIN made it difficult to commit card […]<\/p>\n","protected":false},"author":9,"featured_media":7080,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[134],"tags":[],"_links":{"self":[{"href":"http:\/\/rssoftware.com\/rswordpress\/wp-json\/wp\/v2\/posts\/7079"}],"collection":[{"href":"http:\/\/rssoftware.com\/rswordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rssoftware.com\/rswordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rssoftware.com\/rswordpress\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"http:\/\/rssoftware.com\/rswordpress\/wp-json\/wp\/v2\/comments?post=7079"}],"version-history":[{"count":1,"href":"http:\/\/rssoftware.com\/rswordpress\/wp-json\/wp\/v2\/posts\/7079\/revisions"}],"predecessor-version":[{"id":7882,"href":"http:\/\/rssoftware.com\/rswordpress\/wp-json\/wp\/v2\/posts\/7079\/revisions\/7882"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/rssoftware.com\/rswordpress\/wp-json\/wp\/v2\/media\/7080"}],"wp:attachment":[{"href":"http:\/\/rssoftware.com\/rswordpress\/wp-json\/wp\/v2\/media?parent=7079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rssoftware.com\/rswordpress\/wp-json\/wp\/v2\/categories?post=7079"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rssoftware.com\/rswordpress\/wp-json\/wp\/v2\/tags?post=7079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}