Case Study: Large Financial Institution achieves proactive payment fraud prevention and reduced false positives with Recorded Future Payment Fraud Intelligence

Recorded Future Helps Large Financial Institution Proactively Anticipate and Mitigate Payment Fraud

Large Financial Institution struggled with largely reactive fraud detection that only alerted teams after losses occurred and left them blind to threat actor activity on the dark web. To give its CTI and Fraud teams real-time external visibility into compromised cards, card checker services, and tester merchants, the institution adopted Recorded Future’s Payment Fraud Intelligence.

Recorded Future delivered continuously updated feeds of compromised cards and card-checker/tester-merchant intelligence that the bank integrated into its fraud rules to proactively raise risk scores, block transactions, and automate responses. Recorded Future’s data enabled the institution to identify at least 2× as many at‑risk active customer cards versus manual collection from other vendors, reduce false positives, increase confidence to automate fraud processes, and prevent fraud losses while improving the cardholder experience.