DataView360 Detect assures a comprehensive solution to reduce merchant fraud and business losses, support regulatory and compliance requirements and improve operational efficiency. It was built leveraging GDS Link’s flagship product, DataView360™, which enables configurable internal and external data access, attribute set creation and maintenance, unlimited decisioning, retro scoring processes, as well as scorecard model implementation. In turn, DataView360 Detect is a template application aimed at producing flexible, all-encompassing fraud and merchant risk models for ISOs and merchant acquirers.
“Maintaining low risk levels while still generating business is a difficult task without [the right] technology to effectively detect merchant concerns and react in a timely manner,” Paul Greenwood, president at GDS Link, said. “With DataView360 Detect, clients can further reduce risk and improve operational efficiencies by minimising false positives and ensuring fraud analysts are working the right accounts at the right time.”
DataView360 Detect supports the new merchant on-boarding process, with the ability to capture and automatically evaluate both third party and internal application data for implementing decisions based on the client’s tolerance for risk. Additionally, the solution evaluates merchant batches and transactions against user-defined parameters – which are modifiable at any time – for the pre-settlement process. DataView360 Detect also provides financial health and anti-money laundering (AML) monitoring, enabling more proactive identification of potential monetary stress, deterioration or fraud.
Through focused decision analytics and an effective case management system, DataView360 Detect can increase productivity, ensure the consistent application of company policies and improve new customer gains without raising risk.