Verifone Fraud Management & Compliance is a comprehensive solution designed to protect businesses from payment fraud while ensuring full regulatory compliance. Built into Verifone’s ecosystem, it combines intelligent fraud detection, tokenization, and seamless PCI compliance to help businesses scale confidently in a rapidly evolving regulatory landscape. The platform supports omnichannel commerce and is integrated with Verifone Central, offering real-time visibility into fraud status, enhanced fraud scoring, and compliance reporting. Whether you're selling in-store, online, or across borders, Verifone ensures your transactions are secure and compliant.

Features

• Real-Time Fraud Scoring: Set thresholds for risky transactions and automate approvals or denials based on intelligent risk assessments.
• Tokenized Payments: Encrypt sensitive customer data to prevent fraud, even if accessed by malicious actors.
• Built-In PCI Compliance: All Verifone software and hardware solutions are PCI-certified, reducing internal compliance efforts.
• Fraud Protection Service: Combines in-house and third-party fraud detection to block fraudulent attempts while allowing legitimate transactions.
• Fraud Management Reporting: Access real-time and aggregated data on fraud status via Verifone Central.
• Enhanced Fraud Prevention Score: Up to five insights per transaction to improve fraud detection accuracy.
• Blocking Rulesets: Define transaction-based rules to silently block high-risk transactions and avoid decline-related fees.
• Address Verification Service (AVS): Validates billing address against issuer records for Card Not Present transactions.
• Multi-Currency Support: Set different fraud rules per currency and region.
• Data Privacy Compliance: Full coverage for GDPR, CCPA, and other global data privacy mandates.
• SSAE Accreditation: Certified to the highest industry standards for service organization controls.
• API Integration: Easily integrate fraud protection into your existing systems using Verifone’s APIs and connectors.

Benefits

• Security at Scale: Protect your business from identity fraud, friendly fraud, and other threats with layered defense systems.
• Frictionless Customer Experience: Block fraudulent transactions without disrupting legitimate purchases.
• Global Compliance: Stay compliant with PCI DSS, GDPR, CCPA, and other evolving regulations across regions.
• Operational Efficiency: Reduce internal compliance workload with built-in certifications and automated fraud detection.
• Cost Savings: Avoid unnecessary transaction fees by silently blocking high-risk payments.
• Real-Time Visibility: Monitor fraud attempts and prevention performance through Verifone Central.
• Customizable Protection: Tailor fraud rules per currency and region to match your business strategy.
• Developer-Friendly: Easily deploy and manage fraud protection using Verifone’s API and documentation.