Dan2021. What an interesting year. With the world turned upside down by a pandemic that seemingly had its sights set on...
Protect Yourself Against Payments Fraud
Lusis Payments
Adrian
The rapid increase in digital payments and changing consumer habits has resulted in the continuous evolution of fraud schemes that cheat consumers and payments institutions alike. The Tango AIF™ solution from Lusis Payments provides a comprehensive shield against payments fraud for both acquirers and issuers.
Best Technology
At the heart of the Tango AIF solution lies the powerful combination of rules, Random Forest models, and neural network models using Deep Learning technology. Standard rules and model libraries are provided that can be fully evolved and extended to suit a specific customer environment.
Tango AIF technology results from a multi-year research program between Lusis and leading Paris Universities and institutes to provide the most effective anti-fraud solution available.
Tango AIF technology results from a multi-year research program between Lusis and leading Paris Universities and institutes to provide the most effective anti-fraud solution available.
Tango AIF is built using Lusis Payments’ proven and highly scalable architecture and supports a wide range of operating systems and database technologies. Additionally, Tango AIF can be deployed on-premise or in the cloud. The massively parallel processing ensures that customers can deploy a comprehensive mix of rules and models without significant processing latencies. For example, a recent performance test conducted by a global bank, successful demonstrated fraud screening using 40 rules on 50 million transactions with a per transaction latency of under 10 milliseconds. With Tango AIF there is no need to limit your protection due to excessive processing overheads.
Ease of Integration
Deploying Tango AIF involves both the physical integration between Tango AIF and other platforms, and the integration of Tango AIF workflows into the operational procedures. Lusis has greatly simplified the integration task through the use of modern protocols and API standards that enable rapid connectivity with transaction sources, case management tools, other fraud systems, and data repositories. From an operations perspective, Tango AIF provides great flexibility in the choice of workflow configurations including:
- Real-time / near real-time message screening, e.g. authorization or online settlement messages,
- Batch-based screening enables the detection of fraud patterns in a wide variety of transaction records including authorization logs, posting messages, chargebacks, etc.
- Time-based screening can be scheduled at multiple time intervals to check the data aggregates against configured thresholds
Read the entire paper at https://www.lusispayments.com/aif
Brian Miller
General Manager
Lusis Payments
315 Montgomery Street #900
San Francisco CA 94104
(+1) 415 829 4577
nasales@lusispayments.com
