The Modernization of the Hungarian Banking System (1989-2000). Banking Card Market & its Fraud Characteristics. MONEYGUARD – the World Leading Banking Card Protection Messaging Solution.
On-line Monitoring for detecting suspicious purchases and ATM transactions The following POS transaction are monitored: Multiple use of Bankcards at the same merchant outlet on a single day Bankcards used at more than 2 different merchant outlets in our network on a single day Purchases where the transaction amount exceeds the daily average transaction value of the merchant. Remark: In case of new merchants the value is compared to MCC average (successful transactions) Rejected purchases where transaction amount exceeds the predefined amounts set by rejected codes
Bạn đang xem nội dung tài liệu The Modernization of the Hungarian Banking System (1989-2000). Banking Card Market & its Fraud Characteristics. MONEYGUARD – the World Leading Banking Card Protection Messaging Solution., để tải tài liệu về máy bạn click vào nút DOWNLOAD ở trên
Card fraud in Hungary (case study ) and MON™ fraud prevention system Mr. Antal KUTHY Antal.Kuthy@egroup.hu President-CEO, E-GROUP Plc Board Member of Hungarian Assoc. Of IT Companies & Chairman, Hungarian-Hong Kong Innovative Business Council = Banking Front-Office Technology Integrated Product Portfolio Card fraud in Hungary ( a case study ) OTP Group Merkantil Group (leasing group) OTP Building Society Ltd. OTP Mortgage Bank Ltd. OTP-Garancia Insurance Ltd. OTP Fund Management Ltd. Hungarian International Finance Ltd. OTP Real Estate Ltd. OTP Factoring Ltd. OTP Fund Services Ltd. OTP National Health Fund OTP Travel Ltd. Main f. indicators of OTP Bank (audited, HUF billion, 1USD=250HUF) FYI: Hu popolution is only 9.5m, so over 60% of card market) The number of transactions executed by the Bank's card owners through the Bank’s ATMs, reached 65.0 million in 2003 (2005: over 100m) Turnover of these transactions was HUF1,594.2 billion, an increase of 5.6% and 17.8%, resp. over 2002. The number of withdrawal transactions on the Bank’s own POS network was 6.7 million, the turnover was HUF1,084.8 billion. (2005 over 10m) The number of purchases on POS terminals at merchants was 42.8 million (34.1% increase) valuing HUF351.4 billion (34.1% increase). 1 EUR=250 HUF OTP Bank as Acquirer Fraud by Type (%) 2003 4. Fraud by Type (%) 2003 Increase in 2002: 25% OTP Bank as Issuer Counterfeited cards: 74% on POS 26% on ATM (2003) ( this rate in 2000 was 100% POS.) ATM fraud is technical based Where use PIN code (POS) the fraud rate is smaller ATM robbery takes only >> Intelligent Analysis is necessary, special high value add expert systems) Monitoring process Visualization Analysis Alarm message (telephone, fax) Blocking card OTP Bank as Acquirer Total Reported Fraud / Sales Ratio Basis Points The Hungarian and European ratios are calculated for only Mastercard and Maestro products. OTP Bank as Issuer Total Reported Fraud / Sales Ratio Basis Points End of 1st Part of Presentation Antal.KUTHY@egroup.hu
Các file đính kèm theo tài liệu này:
egroup_1.ppt
