Card issuers can view the merchants with whom a cardholder does business, the frequency of a cardholder's purchases, and the devices and IP addresses associated with that specific card. While this allows them to understand and assess certain patterns of behavior for individual cardholders, it restricts analysis to the issuer's card data and does not provide visibility across cards within a bank or across multiple banks.
Download this whitepaper and learn how the real-time network model:
- Augments a traditional model by enabling it to track behavior patterns on both cards and devices in real time;
- Allows for more accurate detection of fraudulent and legitimate patterns across a network of banks and geographies;
- Adds a significant dimension to an issuer's defensive measures.