Case Study: a multinational payment processor achieves 98% fewer false positives with Fraud.net

a multinational payment processor cuts false positives by 98% with Fraud.net

A multinational payment processor was facing significant challenges with fraud alerts, including a high volume of false positives that required extensive manual review. To address this, they partnered with Fraud.net for its entity monitoring solution to improve the accuracy and efficiency of their fraud detection operations.

By implementing Fraud.net's collaborative approach and optimized models, the processor achieved remarkable results. The vendor's solution led to a 98% reduction in false positives and cut the time to review an alert from 30 minutes down to just 1 minute. This drastically improved operational efficiency and allowed the company to focus its resources on genuine threats.