Risk Management Solutions

BEKEN offers a variety of flexible risk management services to help your institution reduce losses and lower administrative expense associated with managing fraud. Our comprehensive risk management services range from suspect activity reporting to advanced neural network fraud detection support.

We work closely with you to identify your risk management needs and then provides tools and controls to actively manage payment system risk. You may take advantage of any or all of the options available and, as your risk management needs change, easily adjust program parameters.

Your single-point connection to BEKEN and Visa helps you make informed authorization decisions to manage risk, while also achieving your customer service objectives.

Falcon Fraud Manager

Visa security incorporates FICO’s Falcon Fraud Manager, a neural network platform that utilizes sophisticated fraud risk scoring to capture relationships and patterns often missed by traditional fraud detection methods. This advanced system allows you to design customized anti-fraud strategies to successfully detect and avoid fraudulent activity.

Falcon Managed Real-Time

Our full-service call center clients can further protect their card programs with Falcon Managed Real-Time Decisioning, a series of real-time decline rules developed by Visa DPS fraud experts based on actual performance and customizable for your institution.

Risk Services Manager

Risk Services Manager is an easy-to-use web-based application that allows issuers to independently develop and manage targeted fraud rules that can be used to augment broader Falcon fraud strategies. Risk Services Manager includes rule development, testing against historical data and publication to production.

Advanced Authorization

Visa Advanced Authorization is the first risk management system of its kind to capture real-time risk evaluations from patent-pending Visa fraud detection systems and transmit this critical risk information to Issuers in-flight within the VisaNet authorization message. Visa Advanced Authorization evaluates 100 percent of U.S.-issued authorizations, and delivers two types of risk information for every Visa authorization: Risk Score and Compromised Account Risk Condition Codes.

Verified by Visa

Verified by Visa gives consumers additional confidence when using their Visa cards to make purchases online, removing a major barrier to increased Web commerce. Verified by Visa ads an extra layer of security with a special password to confirm the identity of cardholders during online transactions.