What is ATM/Debit Fraud Monitoring?
ATM/Debit Fraud Monitoring is the process of reviewing ATM and MasterCard Debit Card transactions for potential fraudulent activity based upon previous transaction patterns. It is designed to detect fraudulent transactions and to take appropriate actions to prevent further fraudulent attempts. How Does ATM/Debit Fraud Monitoring Work? The ATM Fraud Monitoring service uses intelligent technology to create a profile of typical card activities. The profile is built by examining history of spending habits and identifying patterns in several areas including transaction types, geographic locations, and the frequency of transactions. Each incoming transaction is compared to the profile and any questionable transactions are flagged for review by an expert Fraud Analyst. Will Customers be Contacted? Yes. We will immediately contact the cardholder in the event of a questionable transaction. Although the fraud monitoring is performed 24 hours a day, seven days a week, FTC laws prohibit the Fraud
