CDQ Fraud Guard
Protect Your Business, Secure Your Transactions
Combat Payment Fraud Collaboratively with the CDQ Fraud Guard
Fraudulent activities such as falsified invoices can cause immense financial damage. Identifying bank accounts that do not belong to the declared business partner but to an attacker is a critical challenge. CDQ Fraud Guard leverages the power of community-shared data on proven bank accounts and known fraud cases to help you identify and prevent fraud, ensuring the integrity of your payment processes.
Protect Your Business from Payment Fraud
CDQ Fraud Guard integrates advanced verification and alert systems to protect your business from
payment fraud. By utilizing a shared database of verified bank accounts and known fraud cases, CDQ
Fraud Guard ensures your financial transactions are secure and reliable, keeping your business safe.
Key Features of CDQ Fraud Guard
- Bank Account Verification: Utilizes a shared database of validated bank accounts to verify new bank account information before operational use.
- Trust Score: Assigns a trust score to bank accounts based on the number of successful transactions, customizable to fit your risk appetite.
- Payment Fraud Alerts: Warns community members about potential fraud attacks by maintaining and sharing known fraud cases.
- Fraud Case Management: Allows users to document, manage, and look up fraud cases to identify critical accounts and prevent fraud.
- Seamless Integration: Easily integrates with existing financial systems through a robust API, enhancing workflow efficiencies without requiring a dedicated interface.
CDQ Fraud Guard Highlights
a shared database of validated accounts and known fraud cases.
and managing fraud cases, saving time and resources.
ensuring the system aligns with your specific risk management needs.
reliable and up-to-date information on bank accounts and fraud cases.
enabling quick response and prevention.
CDQ Fraud Guard in Action
Before implementing CDQ Trust Score, documentation was piling up and business partner onboarding took up to one month. Now, the green or yellow light as a trust score lets us move ahead with no additional documentation and efforts.
CDQFraud Guard Related Readings
Efficient payment fraud prevention with crowd intelligence
Payment fraud is on the rise and its methods continue to evolve as technology advances and security measures improve. Safeguard your banking transactions with…
How effective data management can save your company a lot of money
Technology and automation has made financial transactions more convenient, but it has also opened up the avenue for scammers to commit fraud, costing…
5 tips you should know to avoid invoice fraud
Invoice fraud is a growing threat to business. In our Data Sharing Community, we use our cloud platform to rate bank accounts' trustworthiness and alert our…
