Glossary
Fraud Detect®
Fraud Detect® is a sophisticated fraud prevention solution developed by First Data, now part of Fiserv, which is designed to enhance the security of merchant transactions. This advanced system utilizes real-time fraud scoring and machine learning technologies to identify and evaluate potential fraud risks in transactions as they occur.
Key Features of Fraud Detect®:
Benefits to Merchants:
Fraud Detect® represents a critical tool in the arsenal of merchants aiming to protect themselves from the increasing sophistication and frequency of financial fraud in e-commerce and other transaction-based operations.