Home News & events Press Releases 2006 Moscomprivatbank launches payment card fraud monitoring and prevention system


moskomMoscomprivatbank (Moscow, Russia) has launched a payment card fraud monitoring and prevention system based on TranzWare Fraud Analyzer from Compass Plus. The system is designed to monitor and detect suspicious payment card activities and cardholder actions, which allows timely prevention of fraud.  At its core TranzWare Fraud Analyzer has customer-defined business rules that follow business as opposed to programming logic. System users are offered an extensive set of tools that allow them to customise the system according to the particular market characteristics, business needs and other preferences, and include: designing of user-defined algorithms, business rules, documents, etc. 

Launching the TranzWare Fraud Analyzer system is another large-scale project undertaken by Moscomprivatbank in technological partnership with Compass Plus and is based on the successful running of the system at PrivatBank (Ukraine) since early 2005.

Moscomprivatbank is a part of PrivatBank group, which is in the TOP-1000 world’s largest banks (as rated by The Banker). PrivatBank (also a customer of Compass Plus) is one of the leading payment card issuers in Eastern and Central Europe (over 10 million cards) and has one of the most extensive customer interaction networks in the CIS (2,056 branches, 3,531 ATMs, over 17,000 POS-terminals). Moscomprivatbank is a Principal Member of MasterCard International and Associated Member of Visa International. The Bank is represented in 16 regions of Russian Federation and based on the effectiveness of it branch network is rated 15th amongst banks in Russia (as rated by The National Banking Journal). Moscomprivatbank has installed over 600 ATMs, 3,000 POS-terminals and issued more than 450,000 payment cards.

This website gathers users’ metadata (cookies, IP address and location). This is used to collect statistical information for analysis and improve our website. By continuing to use our website you agree to our use of cookies