GPS Annual Ramadhan Ghabga 2024
March 19, 2024
Security Services
GPS security solutions are designed to offer comprehensive tools to stay ahead of potential threats. These solutions include Fraud Management Systems for all types of transactions, including those related to e-commerce, card payments and non-card transactions, as well as ACS 3D Secure, Safe Guard, Machine Learning and AI, Safe Net and Safe Charge Back.
Fraud Detection & Prevention
Providing a world-class advanced card fraud detection and prevention system (SafeGuard), which is implemented at several banks globally, with built-In modules for instant alerts, actions, and notification management.
In addition to APIs for advanced “My Limits” module integration, giving the cardholders the full control to manage their cards, spending, limits, etc.
‘SafeGuard’ is a very flexible, scalable, and user-friendly system with defined rules that can be applied for all type of cards as of debit, credit, prepaid, or any issuing product, etc. Covering all card schemes as of Visa, MasterCard, UnionPay, JCB, Dinners, etc. and all transactions and authorizations coming from different channels as of ATMs, POS, mobile, e-commerce, etc. for real-time fraud prevention and near real-time detection.
ACS 3D Secure
A one-time password (OTP) is an automatically generated numeric or alphanumeric string of characters that authenticates a user for a single transaction or login session.
GPS offers the latest 3D Secure payment verification system, provided by participating credit card issuers and merchants, to protect online transactions. This enables online merchants to authenticate the identity of their customers during checkout, utilizing Verified by Visa or MasterCard.
Machine Learning
Our AI employs a probabilistic risk-scoring approach, combining a variety of machine learning models to leverage customer spending behavior, merchant activity, and a plethora of transaction characteristics to:
- Enhance fraud protection in real time.
- Respond quickly and effectively to new fraud patterns.
- Reduce False Positives, eliminating associated costs and customer friction.
- Better target and reduce manual work
SafeNet
SafeNet is a SafeGuard suite top-level module which offers fraud prevention and detection for the electronic channels of financial and payment institutions, channels such as:
- Internet Banking Portals.
- Mobile Banking Applications (backend APIs).
- Payment Gateways.
- Phone (Call Centre), IVR and SMS Banking
- Open Banking / PSD2 Payment APIs.
- Electronic Fund Transfer
SafeChargeBack
The SafeChargeBack’s main objective is to empower users to respond to disputes on timely basis which will enhance the quality & dependency on the data which is consistent across all modules, below are the main benefits of the SafeChargeback tool:
Unified and automated way to register Disputes from all sources (call centre/branch network)
Facilitates the management of all types of Dispute requests
- All requests in one place.
- No need for different archiving / management / statistical analysis systems.
Complete Data
- Historical records of disputes per customer (cardholder/merchant)
- Eliminates data loss and consequent financial losses.
Powerful statistical analysis
- Export different types of statistics directly into Excel for further analysis.
Advanced system that helps significantly in daily work
- Easy and simple to use.
- No need for printing hardcopies.
- Manage our workload instantly and quickly.
