System concepts

IBM® Safer Payments prevents fraud in cashless payment systems, for example, credit cards, by analyzing transaction streams and intercepting high-risk transactions before they are completed.

IBM Safer Payments enables your fraud prevention teams to adapt their controls to emerging threats and detect fraud with greater speed and accuracy without vendor or data scientist dependencies.

It comprises the analytics and simulation tools that are needed to continuously monitor business performance and adapt the decision model to emerging and modified fraud patterns.

To detect fraud in transaction patterns and to differentiate fraudulent from legitimate payment behavior, IBM Safer Payments analyzes transaction sequences. It uses if-then rules to conclude for each transaction whether to recommend authorization.