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ReD, FIS to deliver fraud management solutions in LATAM, the Caribbean

Wednesday 3 April 2013 10:21 CET | News

ReD, a global provider of fraud prevention and payment services, has inked a contract with US banking and payments technology company FIS, to provide fraud management solutions in Latin America and the Caribbean.

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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Keywords: ReD, FIS, fraud management, LATAM, Caribbean, online fraud, fraud prevention
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime






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