Risk Management Systems

An extensive portfolio of advanced risk-management technologies provides the second level of
protection in CO-OP's three-tiered credit fraud protection system. This suite of tools uses
specific cardholder data to perform validation and edit checks during the authorization process.
Falcon™ Fraud Manager-The industry-leading neural network fraud detection system gives you real-time evaluations before authorizations occur.
Name Match-Protects against identity theft, card skimming and counterfeiting protection by comparing
the first three characters of names on incoming authorizations to names in the cardholder file on the CO-OP system.
PIN Validation-Validates the PIN entered against the PIN offset stored in the card's magnetic strip.
CVV/CVC/CVI Authentication-Prevents authorizations on "re-encoded" cards by validating the values encoded on the magnetic strip.
CVV2/CVC2 Authentication-Provides merchants with additional safeguards against fraudulent online and telephone orders.
Daily Limits-Verifies BIN level daily withdrawal limits.
Internet Cardholder Identity Verification-Protects online transactions using Verified by Visa and
MasterCard SecureCode.
PIN Change-Lets cardholders choose their own PINs without compromising security.
Address Verification-Matches the billing address provided by a consumer to the address in the cardholder account file.
Exact Expiration Date Match-Ensures expiration dates embossed and encoded on cards exactly
match dates in cardholder files.
Positive Balance Match-Checks availability of funds against transaction requests when balances are provided with cardholder file.
Daily Authorization Limits-minimizes fraudulent "binge spending" by letting you implement limits on velocity and daily withdrawal for different card types and programs at the BIN level.
Card Activation-protects your members from fraudulent use of non-received cards.

An extensive portfolio of advanced risk-management technologies provides the second level of protection in CO-OP's three-tiered credit fraud protection system. This suite of tools uses specific cardholder data to perform validation and edit checks during the authorization process.

  • Falcon™ Fraud Manager-The industry-leading neural network fraud detection system gives you real-time evaluations before authorizations occur.
  • Name Match-Protects against identity theft, card skimming and counterfeiting protection by comparing the first three characters of names on incoming authorizations to names in the cardholder file on the CO-OP system.
  • PIN Validation-Validates the PIN entered against the PIN offset stored in the card's magnetic strip.
  • CVV/CVC/CVI Authentication-Prevents authorizations on "re-encoded" cards by validating the values encoded on the magnetic strip.
  • CVV2/CVC2 Authentication-Provides merchants with additional safeguards against fraudulent online and telephone orders.
  • Daily Limits-Verifies BIN level daily withdrawal limits.
  • Internet Cardholder Identity Verification-Protects online transactions using Verified by Visa and MasterCard SecureCode.
  • PIN Change-Lets cardholders choose their own PINs without compromising security.
  • Fraud Text & Email Notifications-Immediate notice to members when suspicious activity is detected at any time of day or night.
  • Address Verification-Matches the billing address provided by a consumer to the address in the cardholder account file.
  • Exact Expiration Date Match-Ensures expiration dates embossed and encoded on cards exactly match dates in cardholder files.
  • Positive Balance Match-Checks availability of funds against transaction requests when balances are provided with cardholder file.
  • Daily Authorization Limits-minimizes fraudulent "binge spending" by letting you implement limits on velocity and daily withdrawal for different card types and programs at the BIN level.
  • Card Activation-protects your members from fraudulent use of non-received cards.