Site icon Novalnet

AI-Powered Risk Management

two factor authentication for fraud prevention

It’s inevitable in this ecommerce economy for businesses to become a victim of payment frauds. Online payments are growing to become the most preferred mode of transaction. Unfortunately, along with them, the payment frauds seem to have increased. However, businesses can’t afford fraudsters to tarnish their reputation and further instill doubts in customer’s minds.

Tailor-made payment fraud prevention for your business

What does Novalnet’s fraud prevention offer? A comprehensive 60+ modules blended with AI technology exclusively created to protect your business from any fraudster activity. It’s a tailor-made solution for fraud prevention where you can enable and disable fraud prevention modules as it applies to your business.

Use of advanced technologies

Utilizing advanced technologies in fraud prevention gives maximum protection for your business. Novalnet is a pioneer in payments and employs the latest in technology to safeguard your business from potential threats. Some of the technologies that work behind your business are:

· – Device Fingerprinting
· – Behavioral Analytics
· – Advanced IP Geolocation Tracking
· – Cross-Merchant and Sector Intelligence
· – Dynamic 3D Secure 2.0
· – Industry Specific Risk Profiles
· – Automated chargeback management
· – Case Management

Keep your worries away as we got your back with the latest fraud prevention technologies.

Minimize non-payment, and payment failures

How do you act in situations where customers fail to make their payments? These are few complications that you may have to face in the online world. The fraud prevention modules have the capability to analyze customer behaviour and prevent non-payment issues.

Easy integration and configuration

Finally, the fraud prevention modules are easy to configure. The modular development approach facilitates the ease of configuration. Apart from that, integrating these modules into your system is easy as well. No more hassles in employing fraud prevention mechanism into your business process.

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