NEW-JERSEY | CNP Fraud prevention specialist ReD announced the integration of Neustar’s U.S. consumer verification services into the ReD Shield, ReD's card-not-present online fraud prevention service. Neustar enriches ReD's data with authoritative name, address, phone and email verification services. ReD Shield instantly verifies the payment and shopper information and provides a scoring. Based upon the merchant's criteria payments can than be processed, blocked, or manually reviewed.
Efficiently identify low-risk transactions
This critical insight enables ReD merchant clients to quickly and efficiently identify low-risk transactions and move them into the approval process more quickly, with greater confidence. Neustar provides a high level of precision and reach through a 360-degree view of U.S. consumer data, coupled with extensive mobile phone number and email coverage.
'Protect Our Customers'
Jackie Barwell, Head of Products at ReD, commented: “We aim to provide our merchant customers with the strongest solutions to protect against fraud. Neustar plays an important role in helping us ensure that customers can verify transactions from U.S. consumers with a high degree of confidence.”
'Minimize negative customer experiences'
“Neustar’s authoritative data sets across U.S. households provide merchants with the insights necessary for confirming consumer identities while increasing operational throughput. The partnership with ReD will enable merchants to approve lower risk transactions more readily and minimize negative customer experiences,” said Mitchell Young, Senior Director of Risk and Payment, Neustar.
ReD is a world leader in fraud prevention services. Our solutions are present at every stage of the payments value chain, supporting merchants and PSPs, issuers and acquirers, processors and switch networks in the fight against fraud. We are flexible and independent of any card scheme. We protect billions of transactions across multiple channels and payment types. Our proprietary technology is underpinned by world-class fraud and risk analysts and pooled data from more than 190 countries. ReD serves customers from multiple sectors and across six continents from offices in Australia, China, Dubai, South Africa, the United Kingdom and the United States, and through partners around the globe. For more information, please visit www.redworldwide.com.
Neustar, Inc. is a trusted, neutral provider of real-time information and analytics to the communications services, financial services, retail, and media and advertising sectors. Neustar applies its advanced, secure technologies to help its clients promote and protect their businesses. More information is available at www.neustar.biz.
Sourced from ReD, March 26th, 2014