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Maritz introduces fraud prevention service for loyalty programs

Wednesday 16 November 2016 00:02 CET | News

Maritz Motivation Solutions has introduced a new LoyaltyNext Fraud Management Suite to help marketers and brands to detect and prevent fraud in loyalty programs.

The LoyaltyNext Fraud Management Suite offers a set of tools for fraud protection, which analyzes data and transactions, assigns a rule score to identify level of threat and provides marketing clients with online and offline analysis of fraud detection reviews

Barry Kirk, VP of Loyalty Solutions for Maritz Motivation Solutions, said that loyalty program fraud can be perpetrated in a variety of ways, such as hackers stealing credit card and member identity data, or thieves taking points or attempting fraudulent travel redemptions.

The company advises loyalty marketers to perform background checks for all employees with access to program data, including: criminal history checks and highest level of education, credit checks and foreign records search, if applicable.

Maritz Motivation Solutions is part of the Maritz family of companies, providing consumer loyalty, employee recognition, sales incentive and channel loyalty programs to companies.


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Keywords: loyalty programme, fraud prevention, fraud detection, transactions , risk management, Maritz Motivation Solutions
Categories: Fraud & Financial Crime
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Countries: World
This article is part of category

Fraud & Financial Crime






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