ASA-ScorXPRESS

ASA – ScorXPRESS is a fraud detection solution that embeds powerful technologies such as neural networks, statistics, with unequaled automation for custom tailored fraud models development. The use of fraud model scores in combination with configurable business rules leads to the addition of a critical layer of protection to an overall strategy of fraud management. Both business rules and model scores can be quite easily integrated into almost all application and transaction processing systems, thus making ASA – ScorXPRESS a valuable addition to the current system of fraud management. The typical applications using ASA – ScorXPRESS are stated below:

Transaction Fraud: Using ASA – ScorXPRESS for developing transaction fraud models helps credit card providers by offering a fraud strategy management option. This option is used by them in determining legitimate transactions from the unidentified and fraudulent ‘grey’ transactions. ScorXPRESS makes use of neural and statistical technologies for analyzing the relationships between several data fields for identifying suspicious orders and in detecting deviations from normal behavior. The models make the distinction in real time, most likely that a transaction is fraudulent. The resulting fraud probability scores can be incorporated to the core transaction system for analysts use or for automatic disposition of the transaction authorization.