FRAUD Prevention And Detection

Advanced fraud prevention and detection tools

Prevent fraud before it happens with real-time data linking, predictive analytics and machine learning.

Intelligent, Data-Driven Fraud Detection

Detect Fraud Across Channels in Real Time

Reduce Chargebacks and Fraud Losses

Minimize False Positives

Gain Actionable Insights for Better Fraud Strategies

Smarter Fraud Detection Powered by Advanced Risk Analytics

Securely aggregate fraud data for real-time analysis
Predict, detect and prevent fraud with machine learning
Improve fraud decisioning accuracy and reduce losses
Provide transparency with actionable fraud insights

Cutting-Edge, Behind-the-Scenes Analysis Tools

Linked Analysis: Aggregates and connects fraud data across multiple channels for real-time detection
Fraud Score: Enhances fraud identification and decisioning accuracy as the industry’s only AI-driven risk-scoring model
Portfolio Decisioning Engine: Gain control over risk through an automated process that adapts to changing conditions, or increase revenue and reduce risk by segmenting your portfolio

Comprehensive Fraud Defense at Your Fingertips

Fraud Detection: A skilled team quickly investigates fraud alerts and engages with members to confirm and resolve issues
Fraud Analyzer: Monitors all account-based transactions within the Shared Branch Network
Consumer Fraud Alerts: Alert cardholders and identify fraud through multiple channels
Phone Printing: Advanced authentication tool to prevent contact center fraud

Empowering Our Partners

“When we have fraud, there’s a very high likelihood Velera’s Fraud Score is going to stop it. We like that the technology can take action instead of just following rules. Especially when members are victimized by large-dollar fraud, they want concrete answers as to what happened. Being able to identify the type of fraud with a score reason code is helpful.”

OCCU

Victor Aellos, VP of Card Services