ATMmarketplace.com
November 16, 2007
CashEdge's risk monitoring recognized at BAI as leading innovation
The article highlights the selection of CashEdge’s enhanced risk-monitoring service as a “BAI Innovation Moment” at BAI’s Retail Delivery conference. “BAI Innovation Moments highlight new technologies, processes and services defining innovation in the financial services industry. These products and services are selected from submissions received as part of the innovation moments showcase at BAI Retail and Delivery.
CashEdge’s model evaluates transaction risk probability based on a set of monitoring criteria. Transactions are run through an automated scoring and rules engine, and queued in order of their assigned risk score. Suspicious transactions are investigated by fraud identification experts to determine and confirm account and transaction legitimacy.”