AUTHORISATION RATE OPTIMISATION
Influence auth rates and reduce false declines by bridging data gaps
Give issuers the confidence to increase auth rates by up to 3% by sharing enhanced data.
AUTHORISATION RATE OPTIMISATION
Influence auth rates and reduce false declines by bridging data gaps
Give issuers the confidence to increase auth rates by up to 3% by sharing enhanced data.
In today’s payment journey, merchants and issuers make fraud decisions in silos
This data fragmentation creates inefficiencies in the fraud screening process and increases the occurrence of false declines by banks. Without the ability to share findings from their own internal fraud screening, merchants have little influence over the fate of their transaction past the point of checkout. Instead, issuers make decisions with limited information, blind to the data that can prove a shopper is who they say they are.
Bridge the merchant-issuer data gap with Authorisation Rate Optimisation
Optimise auth rates
Give issuers the confidence to increase auth rates by as much as 3%.
Reduce false declines
Pay less in processing costs for transactions that ultimately fail authorisation.
Increase customer lifetime value
Transform new shoppers into repeat customers with a seamless checkout experience that converts.
Trusted by the world’s leading brands
“Fraudsters know you are looking for specific behaviours and what they do is increasingly resemble legitimate clients, therefore, if you only know what a shopper does within your business you are missing a part of the movie. And to see the full movie, machine learning tools and agile providers like Signifyd, and, above all, a great team constantly monitoring this data is key.”
— CARLOS MADRONA HEAD OF ONLINE FRAUD
How it works
Send only the cleanest traffic to issuers
Prior to authorisation, Signifyd performs risk analysis to filter out fraudulent orders from the traffic sent to issuing banks – backing approved orders with a 100% financial guarantee.
Provide better context on orders with enhanced data
Via direct connection between Signifyd’s enhanced data API and our partner issuers’, approved orders are sent to the issuing bank enriched with additional data points including order score, order decision, IP address, device ID, email address, geo‑location, gift card indicator, phone number, shipping name and address and more.
Align fraud decisioning across the payment journey
This enhanced dataset gives issuers visibility into the pre-authorisation fraud screening process and allows them to more easily identify and streamline legitimate transactions through authorisation.
