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Oversight Systems to align with MasterCard for data analytics and fraud detection

Thursday 26 January 2017 11:26 CET | News

Oversight Systems has announced the partnership with Mastercard to provide data analytics and fraud detection to federal agencies.

Leveraging existing Mastercard-branded purchase, travel, fleet and integrated card programs, Mastercard will have exclusive rights to also offer Oversight Insights On Demand which will provide the capabilities to identify unusual spending patterns and monitor transactions for potential misuse, fraud, waste, and abuse.

The services are provided to Government agencies hat participate in the General Services Administrations (GSA) SmartPay initiative. The GSA Smart Pay program enables federal agencies/organizations and other authorized users to obtain purchase, travel, fleet, and integrated charge card products and services through Master Contracts GSA has established with a number of leading financial institutions. GSA SmartPay 3 is the next generation of the program that expands upon the current payment program.


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Keywords: data analytics, fraud detection, online transactions, Oversight Systems, MasterCard, Smartpay
Categories: Fraud & Financial Crime
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Countries: World
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Fraud & Financial Crime






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