Helping a Ukrainian bank update payment card fraud detection systems

Keywords: ,

The Challenge

In 2017, D8 Corporation played a pivotal role in enhancing the card fraud detection systems of a prominent Ukrainian branch of an international banking group. Our client was looking for a software platform to upgrade their card fraud detection systems to work in preventive mode. The bank was expanding the scope of their payemnt card services and needed a solution that would screen all acquired and on-us transactions in real time. Our client chose D8 as a system that could ensure the fastest TPS processing time. 

Solution We Offered

We offered StrongHold Fraud Prevention Platform, our premier solution for card fraud detection and prevention, as well as fraud prevention in other digital channels. Leveraging our cutting-edge solution, the bank has significantly bolstered its capability to screen all acquired and on-us authorizations in real-time. This has enabled the bank to proactively identify and mitigate potential instances of card fraud, thereby safeguarding the interests of its customers and preserving the integrity of its financial operations. 

Notably, our platform seamlessly integrates with four critical systems within the bank’s infrastructure, ensuring a cohesive and comprehensive approach to fraud prevention and detection. All transactions that are processed through the bank switch are screened through card fraud detection scenarios. If any fraud patterns are recognized, authorization of the transaction is dropped and money never leaves the customers’ accounts. This real-time process allows bank to prevent cases of known fraud and protect customers and themselves from financial losses. 

Through this collaborative effort, D8 Corporation has not only empowered the bank to fortify its security measures but has also demonstrated its commitment to delivering innovative and effective solutions in the realm of financial technology. This successful partnership stands as a testament to our expertise in card fraud detection and our dedication to driving meaningful advancements in the banking industry.

shape-down-purple

The Results

  • Successfully upgraded card fraud detection systems to preventive analysis
  • Real-time integration with 4 data sources
  • Seamless analysis of multiple authorization types
  • Substantial decrease in card fraud related costs

Technologies that were used in this project

Enduro/X
C
C++
GO
React.JS
Redis
Oracle DB
VMWare

Have a similar business case?

Let’s Discuss It
case studies

See More Case Studies

Digital Fraud Georgia
StrongHold Fraud Prevention Platform

Deploying a digital fraud prevention solution for an international banking group in Georgia

In 2023, our client, a Georgian subsidiary of an international banking group, recognized the need to enhance their fraud prevention processes to mitigate the rising threat of digital fraud. Our client was looking for a flexible platform, with modern and scalable architecture, built using a digital-first approach.

Project results:
✔︎ Real-time alerts on any suspicious activity patterns
✔︎ Timely reporting of any suspicious activity to FMS

Learn more
GPay Bishkek
Tokenization Platform

Helping a bank in Kyrgyzstan to tokenize their cards using GPay

In 2023, a well-known bank in Kyrgyzstan made the strategic decision to offer their cards in digital form through the GPay wallet. After careful consideration, they selected D8 as their preferred partner due to our extensive experience in tokenization systems and a successful track record of tokenization projects.

Project results:
✔︎ Launched an integration with GPay
✔︎ The bank became one of the first in the country to offer their cards in Google Wallet

Learn more
Cairo_Panorama
3D Secure Solution

Upgrading 3D Secure system

In early 2023, our client was planning an upgrade of their 3D Secure infrastructure to the latest version of EMVCo. standard, supporting RBA and frictionless authentication principles.

Project results:
✔︎ Successfully migrated from EMVCo.ver.1 to ver.2
✔︎ Successfully launched ED Secure as-a-service

Learn more
Contact us

Let's start working on your project ASAP!

We’re happy to answer any questions you may have and help you choose a solution that fits your current needs the best. 

Call us at: +371 67 473 940
Your benefits:
  • Personal attention
  • Lower TCO
  • Industry-specific competencies
  • Project successful completion guarantee
  • Flexible project implementation approach
  • Full transparency and no hidden costs
What happens next?
1

We schedule a call at your convenience 

2

We evaluate your current needs and define the project vision and goals

3

We conduct a solution demo, prepare a proposal, and everything beyond

Schedule a commitment-free call