Enhanced Cardholder Name Logic – Now Aligned with Industry Standards 🌍

Feature Summary

We’ve updated our cardholder name logic to better align with global industry standards. This enhancement enables support for single-field name inputs, streamlining integration with payment processors that use unified name formats.

Why It Matters

Historically, our rules required both first_name and last_name fields to function. However, many payment processors - especially those operating globally - receive cardholder names as a single string (e.g., “Maria del Carmen Ruiz”) in the first_name field alone. This update modernizes our system to meet that reality.

The Result

Cardholder name-based rules now work seamlessly across naming conventions, reducing manual overhead and enabling faster, more reliable rule setup for globally distributed data formats.

This is part of our ongoing commitment to support modern payment practices and global compliance needs.

We’re excited to announce the launch of the Entity Ensemble Score for Entity Screening, a powerful new capability designed to deliver a unified, holistic view of risk at the entity level.

What’s New

The Entity Ensemble Score consolidates multiple solution-specific risk assessments into a single, actionable score - empowering users to make faster, more informed decisions.

Each entity now features:

• Individual Product Risk Scores: A detailed breakdown of risk per product the entity interacts with (e.g., Entity Screening, Policy Monitoring).
• Overall Ensemble Score: A comprehensive risk score that combines all product-specific scores using a weighted ensemble model, offering a full-spectrum view of entity-level risk.

Phase 1 Rollout: This initial release is live for Entity Screening!

Where to Find It

You’ll see the new Entity Ensemble Score displayed prominently in the Entity Overview Card, along with any available component product scores.

Stay tuned for future phases as we expand this capability across additional products!

These updates mark our continued commitment to delivering smarter, more scalable risk and compliance solutions for a global ecosystem 🚀

We’re excited to unveil powerful new capabilities for Entity Screening, including fully integrated rule sets, rules and a dedicated Screening Tab to enhance how Sanctions, Adverse Media, and PEP checks are managed and actioned. These updates streamline screening logic, automate actions, and provide a more transparent, intuitive user experience.

Rule Sets: Define What, Who, and When

Rule Sets allow users to organize and schedule the screening logic:

• What is run: Select the enrichment sources by provider and configuration 

• When it is run: Choose from flexible scheduling intervals:

  • Daily
  • Weekly
  • Monthly
  • Annually
  • Or when the merchant is first created
  • Against whom: Use Entity API filters to run different configurations for specific segments (e.g., countries)

This framework enables precise and scalable control over screening operations solving for initial and ongoing screenings.

Rules: Define What to Do When Results Are Found

Rules let users configure automated actions to take when an entity matches results from a selected enrichment source. Available actions include:

• Create an Alert
• Create a Case
• Change the Screening Status
• Update the Entity Status
• Apply Weight to the Screening Score

This allows teams to automate response workflows and reduce manual intervention, enabling faster and more consistent decision-making.

Screening Tab for Entity Screening

Overview

We are excited to announce the release of the Screening Tab within the Entity Screening product. This marks a significant improvement in how screening data is displayed, understood, and actioned for entities. Users can now navigate to the new Screening tab when viewing a merchant to access a structured, transparent view of all screening incidents and outcomes.

Key Enhancements

Centralized Screening Insights

All screening alerts and cases - past and present - are now available in one consolidated location, organized by the type of screening performed, such as sanctions or adverse media.

For each category, users can:

• View the full history of alerts and cases generated.
• See the last run date for each screening type.

Alert and Case Lifecycle Management

Each alert provides direct access to critical functionality:

• Drill into the alert for deeper context and data.
• Withdraw, escalate to a case, or resolve a case as a true or false positive.
• Visualize both open and closed incidents tied to that entity.

Improved Usability Over Beta Version

The new experience significantly improves on the prior beta version:

• Eliminates confusing columns (such as ambiguous "outcome" labels).
• Introduces the clear concept of screening alerts - making it easier to triage and take action.
• Ensures decisions are made only after reviewing full match details, unlike the beta which allowed blind pass/fail decisions.

By organizing data by screening type and showing a complete decision and results history, this version provides a more intuitive and actionable workflow for compliance and risk teams.

This release lays the foundation for transparent end to end screening operations. Stay tuned for more enhancements as we continue to evolve the platform to meet your growing compliance needs. 🔍⚙️

We are excited to announce the addition of key data fields to the alert index and case index, designed to enhance analytics capabilities and meet growing reporting requirements. These updates include the following fields:

• Merchant Category Code (MCC)
• Region
• Country
• Entity Name
• Entity ID
• Entity Group ID
• Entity Group Name

Key Benefits:

• Enhanced Filtering Options: Alerts can now be filtered by Merchant Country, a critical capability for audit and reporting processes. This feature supports payment processors who manage portfolios across regions such as the EU, UK, and North America.  
• Improved Analytics: Including MCC and Country at the alert level allows for deeper insights and better decision-making when analyzing transaction or case data.

These enhancements provide users with more precise control and clarity over their data, ensuring improved operational efficiency and compliance. Start leveraging these fields today to elevate your analytics and alert management!

We’re excited to introduce a new fraud detection rule designed to identify coordinated transaction patterns involving BINs, IPs, and card usage. This rule enhances our ability to detect and prevent fraud schemes such as card testing, account takeovers, and money laundering.

🔍 What the Rule Does

This rule tracks the number of transactions associated with:

• A single IP address
• Multiple cards sharing the same BIN
• Transactions that exceed a defined amount threshold
• Within a specified timeframe

📌 Trigger Example

The rule will trigger if the following conditions are met:

• Transactions originate from a single IP address
• Involve 5 different cards sharing the same BIN
• A total of 10 or more transactions occur
• Each transaction exceeds 100 EUR
• Transactions happen within a 1 day

🎯 Objectives

AWS UAE Expansion – Now Available  

We are excited to announce that our services are now fully available through the AWS UAE Region. This expansion enables:

• Enhanced platform performance through reduced latency for users in the Middle East.  
• Compliance with local data residency regulations ensures trust and security.  
• Strengthened infrastructure to support a growing global user base.  
• Continued commitment to delivering reliable, high-quality service worldwide.

Enhanced BIN Matching Logic  

We’ve refined our BIN matching logic to deliver greater precision and reliability. This enhancement reduces false positives and boosts accuracy through improved algorithmic handling, ensuring more reliable results across use cases.

Updated Branding – New Logo Now Live  

Our new logo is now live and visible across client portals, API Documentation, and release notes, reflecting our refreshed brand identity.
These enhancements are part of our ongoing commitment to continuous improvement and delivering the best service possible.

Fraud.Net is excited to announce the Early Access phase of our latest innovation: Policy Monitoring, tailored for Commerce and Banking Marketplace clients. Our Policy Monitoring solution is now ready to market, sell, and onboard clients, marking a significant milestone in proactive risk management for Merchants and Sellers.

🔍 What can Policy Monitoring do for your business?
Policy Monitoring is designed to transform how you manage B2B Policy Monitoring risks, proactively addressing policy and contract anomalies. By leveraging intelligent rules and anomaly detection, the solution continuously oversees entities for threshold breaches and emerging threats, drastically reducing risk and enabling swift resolution of alerts and cases.

🔧 How does it work? 
Experience a robust, comprehensive solution for managing entity contract risks in credit provision. With tools that flag when entities surpass predefined limits, and an ML-driven anomaly detection to ensure compliance, you can minimize liabilities effectively. Perfect for payment processors, this feature ensures merchant relationships remain within safe transaction volumes and credit thresholds, keeping risk exposure at bay.

✨ Key Features to Empower Your Risk Strategy:

• 🚩 Targets: Identify critical risk vectors like chargebacks, refunds, and overall portfolio health, with detailed calculations for precision monitoring.
• 🎯 Customizable Thresholds: Tailor default target thresholds or set exceptions for specific segments, entities, or groups.
• 🤖 ML-Driven Anomaly Detection: Uncover unusual activities that signal risk, even when thresholds are maintained.
• 📈 Alert and Case Creation: Ensure proactive risk management with alerts and automated case generation, seamlessly integrated via webhook.
• ⚙️ Rules and Actions: Craft rules around target threshold being exceeded or anomaly detection, assigning priority and action plans to create an alert and/or case effortlessly.
• 📊 Real-Time Reporting: Visualize trends, identify patterns, and proactively adjust thresholds with ease.

Join the movement to revolutionize risk management and secure your business operations with Fraud.Net’s Policy Monitoring solution. Don’t miss the chance to be a frontrunner in proactive risk assessment and resolution.

Ready to transform your risk strategy? Contact us today for early access and step into a new era of B2B policy risk management. 🌐

We are thrilled to announce a set of significant updates to the Settings Page on Feb 11th 2025, designed to make your experience smoother, more intuitive, and packed with new capabilities. Here’s what’s new:

1. Streamlined Settings – All in One Place

We’ve simplified the way you access and manage your settings:

• One Tab, All Settings: No more endless clicking or navigating between multiple menus. All your settings are now conveniently located under one tab, saving you time and effort.
• Compact Panel, Clean Interface: The redesigned settings panel offers a clutter-free, streamlined user interface. With unnecessary navigations removed, you can focus on what matters most.
• The Event Manager is a section where you can manage event-related settings, including rules, labels, queues, and lists for transaction monitoring.
• The Rules, Labels, Queues, Lists and AppStore is now moved and available under the Event Manager Label.

Before:

After:

• If a feature isn’t enabled for your account yet, you’ll see a locked icon. Need access? Simply contact your Fraud.Net admin to help get these features activated.

• But that’s not all. If you’re using Policy Monitoring on your account, you’ll notice a new Policy Manager label in the Settings menu. This addition provides direct links to the Policy Target page of specific Policy Groups, making it easier to access and manage policy targets feature.

What’s Next?

Stay tuned - March brings even more exciting updates to how products are configured and the features available. We can’t wait to roll them out for you!

We appreciate your feedback and continued support. Your experience drives every improvement we make, and we’re excited to share even more innovations with you in the future.

Have questions? Reach out! We’re always here to help.

improvement 

For Fraud.net clients that use E-commerce and Marketplace APIs, we have refactored how the product filters work within rules. 

Previously
Product rule filters evaluated the entire product object across all items in a transaction, leading to potential false positives. For example:

Rule: Product Price > $125 AND Product Brand is Nike THEN send to queue
Products Purchased: $135 Converse shoes + $75 Nike shoes
Result: Transaction sent to queue, as one product met the price, and another met the brand condition, even though no single product matched both.

Currently
Filters evaluate each product individually, reducing false positives and aligning rule results with the intent.

Rule: Product Price > $125 AND Product Brand is Nike THEN send to queue (same as above)
Products Purchased: $135 Converse shoes + $75 Nike shoes (same as above)
Result: Rule does not trigger.

This update ensures rules now focus on relevant products, helping investigators target the intended transactions. Active rules with multiple product filters will now behave in the way described in the Currently example.