Case Study: Multinational Financial Services Payment Processor achieves 98% reduction in false positives with Fraud.net

Global Payment Processor Reduces False Positives by 98%

Multinational Financial Services Payment Processor, operating in 64 markets and processing millions of credit card, multicurrency, and tax payments daily, was overwhelmed by tens of thousands of fraud alerts and a very high false-positive rate that left its fraud team unable to review most true positives. The processor engaged Fraud.net to replace its legacy system with a scalable, real-time fraud prevention solution.

Fraud.net implemented a no-code, flexible, real-time platform with merchant-specific policies, entity monitoring, and instant risk scoring, working closely with the processor’s product managers to tune thresholds and alerts. The deployment produced clear results: a 93% reduction in alerts, review time cut from 30 minutes to 1 minute, roughly 100 true positives identified daily, and a 98% reduction in false positives—reducing losses and improving compliance.