Customers: Alitalia Contractors: Experian Product: FraudNetProject date: 2016/10 - 2016/12
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Alitalia, airline in Italy, selected the FraudNet platform for prevention of threat of Internet fraud. The platform is provided by Experian company. Such cooperation will allow travelers to buy tickets on the Internet, without feeling fears for safety of the means, without delays and inconveniences.
The Experian platform on counteraction to fraud works at two levels and provides double benefit. First, it helps the company to reveal fraud that means considerable cost reduction and increase in cost efficiency. Secondly, the solution FraudNet facilitates life to fair clients, studying supplied them a profile and the information on the devices used by them. FraudNet does not require the burdensome checks interrupting purchase process and has the lowest percent of false positive results in the industry.
"Thanks to significant partnership with Experian Alitalia increases safety of the electronic business and strengthens leadership in the field of fraud prevention in aircraft. It is important that protection of the company and passengers does not cause inconveniences for clients". Stephano Zireddu, security director, Alitalia
The FraudNet platform analyzes behavior of users and blocks swindlers, allowing respectable clients to make purchases without delays and difficulties. Fraudnet reveals unusual behavior of users on the basis of the known historical context for the specific account and data on the device: for example, defines the deceivers reusing data or different accounts from the same device.
FraudNet gives the chance to manage lists of desirable and unwanted clients and devices ("white" and "black" lists). So, for example, if it is established that from a certain device fraudulent transactions are initiated, such device is entered in the "black" list, and all other requests from it are blocked. At the same time in different branches of the economy there are different requirements and models of risks therefore the Experian company created lists and specific rules for each such industry for the purpose of additional protection. It is one of main advantages of this system.
And at last, FraudNet provides a number of general-system reports and reports on demand, including the configured reports and also performs data collection (about the events, devices enriched supplied and the specified information on risks), provided for direct use by computer systems, at complete confidentiality, for the further analysis internal tools of a business intelligence.
The solution FraudNet is used by leading companies around the world, such as JD.com, company of direct Internet sales, the owner of the market share, largest in China, on the volume of transactions, Touch Bank, digital-bank of the European financial group OTP.