Equens to offer RiskShield Fraud Protection for Card Payments

Equens to offer RiskShield Fraud Protection for Card Payments PR Newswire UTRECHT, The Netherlands, October 30, 2012 UTRECHT, The Netherlands, October 30, 2012 /PRNewswire/ -- - New approach to fraud detection, behaviour monitoring and follow-up services Today Equens, one of the largest pan-European card and payment processors, announced that it has selected RiskShield from INFORM GmbH as the basis for a new approach to fraud detection and behaviour monitoring. By utilising the flexibility offered by RiskShield, Equens will be able to offer tailor-made fraud management services to issuers and acquirers. In the delicate business of card and payment processing, risk and fraud management are of the utmost importance. With RiskShield, Equens has further strengthened its European risk and fraud management service proposition. The tool will enable Equens to support its clients with real-time risk scoring and follow-up services. This offers major benefits for banks and their customers in terms of increasing security in payment processing, combating fraud and minimising the resulting losses. "Factors such as speed and flexibility played a major role in the selection process", says Eric Luijks, General Manager of Risk Management at Equens SE. "Every client has their own offerings and requirements for transaction processing. We have decided to mirror these requirements with a uniquely tailored fraud detection and behaviour-monitoring capability.