Financial institutions also can take advantage of the optional PULSE DebitProtect Authorization Blocking service, enabling them to more effectively detect, block and manage debit card fraud. The comprehensive service includes not only real-time alerting, blocking and card autoblocking, but also a comprehensive suite of services including expert fraud consultation, rules pretesting and analytics, and 24x7 service response. DebitProtect Authorization Blocking leverages all of the technical advances of the new core processing platform in one fully integrated system and program.“We have found DebitProtect to be a very valuable service, giving us a better overall view of our cardholder activity – normal and suspicious – to more effectively mitigate fraud risks for the bank,” said Michael Lindsey, senior vice president of BancorpSouth. BancorpSouth was one of the financial institutions that participated in an extensive beta testing program of the enhanced DebitProtect. “The real-time transaction blocking feature, in particular, has limited our fraud losses in many situations. Now that we have DebitProtect, I don’t know how we could do without it.”
PULSE Upgrades DebitProtect® To Enhance Comprehensive Fraud Mitigation Service
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