Taking the advantage of well-known Drools environment Lynx Administrator application allows creation of rules, based on which transactions are alerted and presented in the case management for review.
It enables a quick response to flash fraud threats and implements different risk parameters based on corporate policies and guidelines, external regulations or on big data analysis.
- Possibility to implement „limitless” number of rules and hotlists
- Rule changes are immediately propagated in the production environment
- Various types of rules: single, count, sum, hotlist, comparing two transactions, monitoring first pattern appearance…and all combinations
- Enables the setting of rules as Online plus rules, which upon alert perform automatic card blocking directly from this application.
Lynx Manager is a web-based application providing comprehensive information to enable fraud analysts to prioritize all cases in multiple queues according to specified user-defined rules in order to review and decide on cases.
- Highly automated and sophisticated fraud monitoring both on issuing and acquiring level
- Fraud detection is supported with data mining techniques and predictive models
- Fraud notification services (SMS, email) functionality for quicker cardholder contacting
- Hotlists – whitelists and blacklists.