FPS

What is the Fraud Prevention System (FPS)?
Moqom's FPS allows Issuing banks to:
- Eliminate False Positives
- Automate text notification to cardholder on suspect transactions
- Let cardholder verify or flag suspect transactions instantly
- Discover and block compromised cards from further fraud, without delay
- Create more efficient fraud analysis, reduces the cost and increases the fraud "catch" rate
How does FPS benefit the Issuing bank?
- Eliminate False positives
- Massive cost / time saving - reduces the time it takes to verify and investigate a suspect transaction
- Enables the cardholder to quickly alert the bank of fraudulent transactions preventing further fraud
- Provides a fast, efficient and cost effective method of alerting cardholders to potential fraud
- Increases the number of actual fraudulent transactions detected
- Increases the number of potentially fraudulent transactions that can be investigated by a bank
- Improves staff efficiency and productivity; significantly reducing the cost associated with fraud detection
- Fully automated, highly secure, hosted solution, requiring no installation on bank's premises
- FPS is intuitive requiring minimal staff training
- Improves customer relations - customers feel more secure and early detection avoids disputes
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Cardholder Response..
What end customers are saying:
- Flag. The Eur20 is genuine. The Eur1.01 is not genuine.
- Mine!-thank you so much for txt-delighted re security
- Thank you for this service
- Thank you for keeping an eye on it
- Flag. Thanks for the Security!
- Thanks a million
- Brilliant. Great service! Am here till 26th so please allow usa transactions.
- Mine thank u for checking with me.
- 1st figure correct (1,345) 2nd figure incorrect (8.45). Both paid 2 same comp. . Cud u call.
- Mine wow!
- MINE. Great service!