First Data conducted an analysis of 2008 reported fraud instances to discover which solutions work best to detect and prevent fraudulent activity with debit card transactions. The analysis tracked three categories of debit accounts: those using no neural network-based fraud detection solutions, those using only a neural network solution and those protected by both neural network and rules-based decisioning tools. This document provides a summary of our findings.

As one of the largest processors of payment transactions in the world, First Data is in the unique position to identify emerging trends in debit card transaction fraud.

In February 2009, we conducted an analysis of 2008 reported fraud instances to discover how debit transactions are being affected by fraud and which solutions work best to detect and prevent fraudulent activity. The results demonstrate that, with the right tools in place, it is possible to substantially lower fraud loss.