Advanced Fraud Solutions adds new functionalities to its platform

Wednesday 12 February 2020 07:03 CET | News

Advanced Fraud Solutions (AFS), a provider of deposit fraud detection software, has announced updates to the TrueCards platform.

The platform is AFS' omnichannel debit and credit card fraud prevention solution. The latest added functionalities include an integration with Q6 Cyber to proactively monitor Dark Web-based threats; an automated risk notification process; a 3D view of Merchant Frequency; detection of duplicate transactions; as well as enhanced search screens, according to the official press release. 

TrueCards allows banks and credit unions to identify and mitigate card fraud across any debit or credit card network. The platform is custom-built per financial institution and can work across processors. Recently, the company announced growth in new bank and credit union customers as well as an increase in the volume of items processed.

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Keywords: banks, credit unions, card fraud, US, fraud prevention, card fraud prevention, Advanced Fraud Solutions, AFS
Categories: Fraud & Financial Crime
Countries: United States
This article is part of category

Fraud & Financial Crime