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-   -   Fraud Dept? (

tommy 12-24-2009 12:31 AM

Fraud Dept?
Does your company have an actually person or even a team that takes care of fraud issues? I have been thinking that this could help many people but with just software out there now, who is to say a team could not be easily replaced?

SilverStockReport 01-20-2010 04:27 PM

No software can replace human intuition using common sense. So a properly trained human using the latest fraud detection software is still the way to go. You don't have to set a separate fraud team. You just need an expert.

Regarding your question, I am my own team that takes care of fraud issues. :)

cruzer_rock 09-26-2010 06:39 AM

not at all.. u have to take care of yourself

o1ing 06-23-2011 12:28 AM

ye no ar nie yon

ankit.puri 06-22-2012 08:53 PM

Hi all

I am a small merchant from India and process with a company by name of Upside Underwritting they have there bank in China and my customers are in US and Canada so there was a big problem charging those customers. Hence I decided not to process with them and now they have my funds with them which they do not seem top release. Please help and tell me what can I do to get them back. Please Help...

mattboreau 06-29-2012 12:53 AM

With regard to fraud, I think you need to look for signs. Use your intuition.

chrislim2888 08-09-2012 07:26 AM

The first gate should be done using detection software, e.g, fraudlabs. This is because there are many parameters you need to check to pinpoint the possible fraudster. After this was pinpoint, you can manual perform the validation to confirm the fraudulent case. I will say there is manual work involve, but it won't be much load.

MagicPay 07-22-2014 02:44 PM

There are companies today that monitor fraud for companies. You can Google and see multiple results...

chrisfleming 07-25-2014 11:36 AM

Payment fraud can only detect through expert human only he can also take help of some software to detect fraud properly.

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