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Risk-Managed Payments

Is Your Payment Gateway Prepared to Handle Fraud?

Fraud losses are increasing. eCommerce fraud losses are projected to grow by more than 32% by 2018, while revenue is projected to grow by only 19%. EMV adoption is pushing fraud to eCommerce channels. In the United States alone, eCommerce fraud is projected to jump from $3.1B to $6.4B within the next three years. Online fraud rose 79% in the UK, and more than 200% In Australia and Canada after the implementation of chip technology.

Be prepared with IdentityMind

IdentityMind provides a secure, risk-managed payment processing solution that combines a strong, fraud protection platform with an award-winning payment gateway. IdentityMind will help you minimize the risk of fraud and reduce unnecessary rejection of transactions through a highly configurable platform.

“For US Retailers, the coming wave of online fraud means they will need to improve controls to ensure they know their customers are authentic. This often involves new risk management technologies.”

– Julie Conroy, Aite Group

Benefits

Streamlined Onboarding Process

Single application for underwriting, and a unified API for Payment Gateway and Fraud Management.
Accept payments quickly with low integration cost.

Low Fraud Chargeback Rates

Our clients average 66% less than the industry average. Expand and operate your business with confidence.

Customization and Transparency

Have complete control and visibility on policies and strategies to maximize acceptance rates.

Cost-Effective Operations

Hosted payment pages offering tokenization. Worry about your business, not about certification.

Key Features

Streamlined Onboarding Process

  • Centralized underwriting with access to worldwide acquiring network.
  • Single API for payment gateway and fraud prevention.
  • Plugin ready for several commercial and open source shopping carts.

Low Fraud Chargeback Rates

  • Industry-leading platform for fraud prevention.
  • Specialized strategies for mobile and cross border payments.
  • Proactive refunding to preempt chargebacks.
  • Reporting/Tracking of chargeback reason codes.

Customization & Transparency

  • Rule system is configurable.
  • Complete control of risk tolerance to maximize acceptance rate.
  • API-based payment gateway to adapt to business model.

Cost-Effective Operations

  • Hosted payment pages offering tokenization to facilitate PCI compliance.
  • Enterprise level workflow support for manual reviews.
  • Flexible reporting suite.
Trusted Digital Identities

Identity is critical to reducing risk and ensuring compliance in today’s digital financial services. Trusted digital identities help you Identify who is on the other end of the transaction and help you decide whether you should do business with them.

"2017 will be the year of digital identities...there is no identity without trust and vice versa. Further identity and trust impact and influence payment methods and enable or disable currencies. I view digital identities as the corner stone of the future of financial services industry."

- Pascal Bouvier

Physical Identities

  • Name
  • Address
  • Device
Basic identity information that is based on physical documents.

Information is limited, static, siloed and, in some cases, easy for a fraudster to acquire.

Digital Identities

  • Name
  • Address
  • Payments
  • DOB
  • SSN
  • Email
  • IP Geo-location
  • Device
  • Ship to Address
  • Payment Behavior
  • Black/White Lists
  • Sanction Lists
  • Document Verification
  • Social Media
  • Carrier/Mobile Data
  • Bill to Address
  • Account Validation
More detailed information that includes digital information such as email, IP address, mobile phone. It may also include verification of provided such as account information.

Information is interconnected and reflects a wide variety of information on top of physical documents.

Trusted Digital Identities

  • Name
  • Address
  • Payments
  • DOB
  • SSN
  • Email
  • IP Geo-location
  • Device
  • Ship to Address
  • Payment Behavior
  • Black/White Lists
  • Sanction Lists
  • Document Verification
  • Social Media
  • Carrier/Mobile Data
  • Bill to Address
  • Account Validation
  • Graph Intelligence
Trusted digital identities are digital identities that are analyzed to verify identity, to identify the most recent information and known associates, and to ultimately risk score the identity. The result is an evaluation based on the most recent picture of the entity in question.


Use this slider to see the advantages granted by our patented Trust Digital Identities.

Further Reading

White Paper: Fighting Friendly Fraud

IdentityMind’s core technology recognizes entities in the payment eco-system (e.g. users, affiliates, merchants), and builds their payment reputation based on their behavior and risk profile.
Our Fighting Friendly Fraud guide contains useful tips and information related with friendly and affiliates fraud, alternative payments, anonymous and mobile users.

Get the Guide

Digital Identities: The Key to Better Risk Management

Digital Identities: The Key to Better Risk Management

Ever since we started working on Digital Identities in 2012, our focus has been knowing and mitigating the risk of transactions. There is the risk in: Financial transactions (payment, deposits, transfers) where there is movement of money Onboarding transactions (new...

read more
The Collusion Problem

The Collusion Problem

Collusion fraud happens when two or more actors within an ecosystem work together to commit fraud against a merchant or other business. This is a big problem, and it continues to grow. In a recent report from the ACFE (Association of Certified Fraud Examiners),...

read more
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