TransFund's Fraud Protection has a multi-layer approach to safeguard your financial institution from loss and maintain your card program’s profitability.

You can’t afford to leave your Financial Institution or your cardholders open to fraud, which is why TransFund offers a comprehensive suite of fraud protection products. From activation strategies and card level verification checks to real-time card blocking and safer online payment options, our solutions and fraud experts provide layers of security, allowing your cardholders to use their ATM and debit cards without worry. And that adds up to increased profitability and card penetration for you.

The TransFund FraudKit is a multi-solution approach to preventing and managing debit card fraud:

FraudWatch PLUS

TransFund’s fraud specialists monitor your portfolio 24/7, notify your cardholders about suspicious activity, and manage your fraud cases to completion. FraudWatch PLUS provides a comprehensive fraud solution through four stages of monitoring: Detection and Modeling, Multi-level Transaction Analysis, Suspicious Transaction Management, and Real-time Scoring and Decisioning. Plus, our proactive response to suspicious trend data alerts you of at-risk cards and helps to keep fraud loss costs down.

Online Card Protection

We help you stop fraud before it occurs with secure card activation options and Verified by Visa/Mastercard Secure Code online security enhancement. TransFund’s Verified by Visa and Mastercard SecureCode programs are easy-to-implement global services that help increase both cardholder and merchant confidence in Internet purchases by limiting the risk of fraudulent transactions, which in turn reduces your risk of fraud losses. These services work to confirm an online shopper’s identity (in real time) by requiring the cardholder to enter an additional password. This helps to ensure that no one else can use the cardholder’s debit card online.

Transaction Authorization Block (TAB)

We provide the flexibility to block individual cards, cards that share a prefix, transactions originating from a foreign country, or POS transactions for a specific merchant or Merchant Category Code.

Fraud/Risk Reports

Our detailed, customizable reports provide daily information on unusual cardholder activity, making it easier to quickly identify potential fraud.

After-Hours Hotline

We offer optional hotline service to allow your cardholders to report lost/stolen cards after your normal business hours.