Identify merchant data breaches faster and more comprehensively. Know which cardholders are compromised. Reissue accurately and automatically.
Sonar proactively detects compromised cards and data breaches to ensure you always know three main things:
1) the true health of your credit & debit card portfolio
2) fraud scores of each cardholder
3) the top compromised cards to reissue
Now you can protect your card revenue while reducing fraud costs and use better, more accurate, fact-based information for decision making, which provides your customers with faster alerts and less disruption.
Get alerted six months faster about your compromised cards compared to VISA CAMS and MasterCard ACD alerts.
Sonar automatically reviews every single card in an issuer’s portfolio every night, assessing its total exposure from all compromised merchants, along with other proprietary information, to provide a fraud forecast score indicating the probability that it will become fraudulent in the next 90 days.
Identify the data breach. Understand why it happened. Strategically reissue. Save thousands. Avoid customer disruption.
No home-grown spreadsheets. No manual list uploading. No more data entry. Get your card portfolio accurately analyzed nightly with fresh insights daily.
We have over 1,250 financial institution clients and millions of transaction data running through our detection. This is growing fast and speeding up. As a result, fraud happening in other places can be stopped before it occurs to your customers.
Don’t worry about security issues. All transaction data is tokenized and scrubbed of PII before being uploaded to Rippleshot’s Analytical Cloud.
Identify data compromises involving dozens of cards, or thousands, picking up on compromises that card networks don’t have time to investigate. You choose your next move with the intel.
Analyze your credit, debit, and prepaid card portfolios. Determine their risk profiles, take independent action, and always have accuracy in the analysis.
Different types of fraudulent transactions require different kinds of strategies. Know the type of transaction used in order to take the appropriate action.