AI Fraud Pevention

Baer’s Crest offers a 360° self-learning fraud prevention strategy fighting fraud at various points along the transaction life cycle.

Now online sellers can be sure that maximum transactions are approved with minimal exposure to future chargebacks.

easy signup to Baer's Crest payment solutions

1) Order Created

Initial
Risk Profiling

Relating each payment to a configurable risk scenario indicating different levels of verification requirements, if any and routing order to different fulfilment methods.

easy signup to Baer's Crest payment solutions

2) Post Checkout

Payment Monitoring & KYC Automation

Continuous payment monitoring and automated KYC procedures alert to abnormal transaction changes, customer interactions including the collection of selfie id’s, credit card scans, age verifications and proof of residence.

easy signup to Baer's Crest payment solutions

3) Pre Shipment

Risk
Scoring

Alerting on fraudulent transactions right before shipment based on the customer’s extended interaction trail offering a full chargeback guarantee to selected customers.

easy signup to Baer's Crest payment solutions

4) Post Delivery

Chargeback Management

Relating each payment to a configurable risk scenario indicating different levels of verification requirements, if any and routing order to different fulfilment methods.

What is Risk Scoring?

Baer’s Crest continues to analyze the customer behavior post-checkout. Overseeing a wide set of unique data points including website visits, submissions and searches, support chat threads, email interactions, transaction, and KYC outputs.

Each new risk signal is added to the transaction interaction trail vector scored for the overall Sentiment, Stability, Cooperation, Coherency, Trackability and History.

Baer's Crest Electronic Coupon Marketplace
Baer's Crest Electronic Coupon Marketplace Checklist

Covering a wide variety of fraud types

As eCommerce fraud evolves and becomes more sophisticated, Baer’s Crest’s self-learning algorithms quickly adapt to a variety of fraud types beyond the traditional imposter.

  • Traditional Fraudster – Using hacked data and stolen cards fraudster turn to exploit any vulnerability in the Post Payment to commit fraud.

  • Friendly / Disappointed – A legit customer working in good faith, turning sour for any given reason; abusing the dispute out of frustration.

  • Seems like a Fraudster – This one may look as a sophisticated fraud, but actually is a “kosher” customer you just turned around

  • Family Member – A family member, authorized or not to using other family member credit card details that may result in a chargeback

Talk to us to discover

How we can help you and your customers make transactions safely online with our state of the art financial services.