Products & Services
Fraudulent Card Early Detection
Take action before fraud happens. BDM’s algorithm is able to detect risky cards that will likely have fraudulent activities within 6 months in the future. If we reissue them today or closely monitor their transactions, we can reduce significant amount of fraud loss. In a list of risky cards that we detected for a top 15 bank, 19% of them had fraudulent activities within 3 months. This is how it works. You send us historical transactions and known fraudulent frauds, we will return a list of risky cards. Normally the NPPI data are masked for security.
Fraud Predictive Models
Our fraud predictive models run on scoring engines and calculate risk scores for transactions
or accounts. A web-based front-end user tool allows the user to review the report. The calculated
risk scores are also accessible through a web service and may be incorporated into your existing
fraud prevention system.
"If we maintain the same fraud prevention staff level, it is forecasted that the total fraud loss prevented will be up 20%." - Dr. Jay Zhou
Existing Fraud Detection System Optimization
We optimize existing fraud detection systems by adjusting parameters and identifying hidden fraud behavior patterns.
Vendor Evaluation
As experts, we evaluate fraud prevention solutions proposed by vendors and identify their strengths and
weaknesses so that you can make the best decision for your enterprise.
Fraud Prevention Training
We offer training classes on how to build predictive analytics solutions to fraud detection.