Current technology and techniques deployed by banks to fight fraud are more REACTIVE than PREVENTIVE and often only highlight a problem once a card has been used for fraudulent transactions once, twice or even more than several times.
Without a real-time ‘differentiator’ in place, current fraud monitoring solutions may not be keeping up with the pace of the fraudster. More than often, by the time the fraud has been detected, money has been taken out of account, negatively affecting the customer experience.
R3 provides meaningful solutions in information security and securing electronic payments for financial institutions, retailers and payment processors around the world.
The R3's platform will ensure a smoother customer experience by providing a Proprietary Real-Time Verification & Validation Platform that allows banks to seamlessly DETECT and PREVENT fraud before it occurs while also demonstrating efficiencies and return on investment.