ReD PRISM is a transaction monitoring and risk management solution which uses neural and rules-based technologies to provide fraud decisioning. The solution can handle all card types across card-not-present and card present transactions and supports both chip & signature and chip & PIN cards.
ReD delivers its payment fraud prevention and payment processing services to international clients ranging from global telecommunications to retail, travel, petroleum, banking and the e-commerce sectors. The company has offices in the UK, US, China, Australia and South Africa.
In recent news, ReD has entered an alliance with US-based payment company Discover Financial Services, to provide customers of its ReD Shield fraud prevention service with a direct interface to the Discover Verify+ WebService, for purchase data authentication.
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