A multinational financial institution in the Middle East needed help optimizing its authorization strategy within Visa Risk Manager. Determined to grow its business by increasing positive cardholder experiences and strengthening customer loyalty, the bank recognized the importance of approving more good transactions and eliminating the card-not-present (CNP) fraud that accounted for 99% of overall fraud.
By partnering with Visa, the bank utilized a custom fraud management service known as Visa Managed Services – providing it with the expertise and guidance of dedicated Visa fraud analysts to help optimize the use of Visa Risk Manager.
Read this case study to see how Visa Managed Services for Visa Risk Manager drove key improvements to the bank’s false positive ratio, CNP fraud detection, and overall approval rates.
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