"Compromise points" and period of "compromise identification" are services provided by our client to member banks. Once fraud is reported by member banks, our client’s Fraud Risk team analyses the data on the card and other such cards on which fraud is reported to identify common usage points to arrive at suspected compromise points. A series of fraud incidents occurred this year and our client’s role in timely identification of compromise points and flagging to member banks in taking proactive measures was critical and has been well appreciated by the banking community.
I-2 Analyst Notebook Premium was put to use by our client and a customized schema was designed keeping in mind their need and usage. It then because convenient for the risk department to quickly co-related transactions between fraudulent and suspicious Debit/credit cards. Analysis of patterns enabled them to quickly find the ATM machines where the fraud was done and avoid potential fraud in the future. The risk department can now carry out CPP analysis quickly and share the report in a short span of time in the form of both charts and graphical representations and also data. Using I-2 analyst notebook they are just not able to pinpoint details of the fraud but also capable of analyzing and forecasting the same and hence effectively preventing it.