Retail Decisions Introduction
9
Introduction to Retail Decisions Ltd. Fraud Management Services Gaurav Sharma Country Manager India
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Transcript of Retail Decisions Introduction
Introduction to Retail Decisions Ltd.Fraud Management Services
Gaurav SharmaCountry ManagerIndia
“A specialist supplier to the payments industry worldwide”
ReD - World Leader in Payment Fraud Preventionand Payment Gateway Services
Caracas
New York
Boston
Cape Town
Tokyo
London
Delhi
Sydney
Beijing
Shanghai
Mumbai
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Seoul
Buenos Aires
ReD – Some Key Facts
• Gift Cards
• Fuel Cards
• Refund Cards
• Incentive Cards
• Insurance Cards
• Fuel Cards
• Travel Expense Management
• Card-Not-Present
• Card Present
• Artificial Intelligence
PAYMENT CONSULTING
PREPAID CARDSFUEL CARDS
FRAUD PREVENTION CARD ISSUING“There are 160 billion card transactions per annum worldwide”
ReD’s Global Series of 1st’s
• ReD protects the:
– World’s Largest Airline by Market Cap
– World’s largest Retailer
– Largest retailer in UK
– Largest retailer in Australia
– World’s largest Oil company
– Largest portfolio of cards in Asia
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ReD’s Blue Chip Clients
Eur
ope
Am
eric
aA
sia
Pa
cific
RO
W
Travel Telephony Retail Oil Banking
RO
W
Fraud Prevention – ReD Shield
Sector Neural Models
A firm recommendation with every transaction
Ready to use now, without major infrastructure investment
Decision in 600 milliseconds
A fully outsourced fraud prevention service
Fra
ud p
reve
ntio
n
A Multi-Dimensional Approach to Fraud Prevention
Real time identification of consumers’ location
ReD PROPRIETARY Industry and customer-specific
databases
PROFESSIONALEXPERTISE
(Risk Analysts)
ReD PROPRIETARYAdvanced artificially intelligent
models to detect behaviour and patterns
ReD PROPRIETARY ENGINESthat detect very specific
fraud patterns
Feedback for on-going development of
rules and models
Rules specific to a customer’s business processes and/or
industry
Typical ReD Results
Fraud maintained well below 1% - Typically below 0.3%
50% reduction in fraud
25% increase in platform revenue = $Millions a month
40% reduction in manual costs
Further benefits:– Invaluable marketing data
– Improved customer experience
– Fraud Prevention capability constantly refreshed
– ReD pools data to further benefit all our clients
