Fraudsters and bad actors are looking for low-hanging fruit — and technology has afforded them a level of sophistication that enables them to find the path of least resistance to perpetrate fraud. Qolo’s layered fraud approach centers around three tenets: prevention, detection, and control. We help you prevent fraud before it happens, detect current threats, and control fraud when it happens.
With global payment card fraud getting more sophisticated, customized authentication processes and rigorous transaction monitoring have become necessities.
The continued increase in account takeover and so-called friendly fraud has heightened the need for robust security measures that don’t hamper the user experience.
Our fraud prevention focuses on program setting, fraud rules, transaction and user attribute scoring, and transaction settings. Via a force multiplier of technology and highly skilled analysts, we combine automated actions with human intelligence to minimize your fraud exposure.
We remove the burden of complexity – especially for businesses executing KYB/KYC at scale – by optimizing and automating the KYB/KYC process so you can redirect your attention to the core business. We do it all while preserving an optimal experience for your customers.