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Lock out Fraud– with MINTify by PAYMINT
PAYMINT has developed an advanced fraud management solution facilitating fraud prevention substantially. Now the first product release of MINTify is available and will be implemented on our first customer site.
In the past two years PAYMINT AG has established itself as specialist in payments fraud prevention. Substantial savings have been achieved for our customers in particular through consultancy services among others by reducing the fraud write-offs. Simultaneously PAYMINT has developed an advanced fraud management solution, MINTify, which allows identification and analysis of fraud risks as well as case management with one single solution.
The system provides all necessary fraud ratios for evaluation of fraud risks due to a seamless integration of all relevant data - always up-to-date and clearly arranged in the integrated Management Dashboard.
MINTify allows fraud managers advanced controlling of prevention measures and the monitoring of service level agreements by providing enhanced transparency of performance. Extended process automation and specific analysis tools are key to conduct highly efficient fraud prevention by MINTify. On the one hand gains in efficiency allow reducing writes-off and on the other hand to save processing costs. Furthermore MINTify helps enhancing customer services and improve response time by providing reliable and up-to-date fraud prevention data.
Heike Jennewein, product management director of PAYMINT, explains: “Our knowledge and many years of experience are reflected in the product development of MINTify to finally create a solution, which combines all relevant information in order to provide a comprehensive and updated overview over the actual fraud risk. Now you have a lock on fraud while your customer service is always in the focus. “
MINTify can be deployed centrally in a processor´s fraud prevention services, or decentralized at financial institutes to control and manage their fraud risks. MINTify can be adjusted to individual customer needs due to its modular architecture and be easily integrated into existing environments enabling customers to immediately realizing the advantages.
Release 1 of MINTify includes the following modules:
• MINTify basic - including Management Dashboard, report and statistic functions and data import and - export
• MINTify analysis
• MINTify alert