CashShield, now known as Shield, is an enterprise online risk management company specializing in fraud prevention and risk intelligence within the digital business sector. Here is a comprehensive overview of the product:
What CashShield Does
CashShield is designed to help organizations manage and prevent payment fraud and hostile account takeovers. The platform utilizes advanced technologies to secure transactions, logins, and account creations in real-time, ensuring maximum scalability and protection.
Key Features and Functionality
Real-Time Decision Making
CashShield’s solution provides instant decisions to accept or reject transactions, logins, and account creations, eliminating the need for human intervention. This real-time capability is particularly beneficial during promotional periods or high-traffic events.
Advanced Technologies
The platform is powered by high-frequency trading algorithms combined with real-time pattern recognition and passive behavioral biometrics. This unique blend of technologies enables accurate fraud detection without requiring data scientists or fraud analysts.
Comprehensive Protection
CashShield offers end-to-end protection at various points of entry and vulnerabilities, including credit transfers, withdrawals, account creations, and account logins. It supports multiple channels such as online, mobile, POS, and call centers.
Fraud Detection Tools
The platform includes a range of anti-fraud detection tools, including:
- Address verification services
- Card Verification Value (CVV) checks
- Bin lookup
- Geo-location checks
- Device fingerprinting
- Payer authentication
- White list/black list database management
Scalability and Performance
CashShield ensures 100% chargeback protection for both physical and digital goods, making it highly scalable and effective even during peak periods. It does not use hard rules or limits that could hamper business growth.
Global Reach and Clients
CashShield has screened transactions in over 190 countries and secures billions in Gross Merchandise Value (GMV) for enterprises such as Alibaba, Razer, Vodafone, T-Mobile, and others. The company has global operations in the US, Europe, China, and Southeast Asia.
Device Intelligence
The platform’s Device Intelligence solution involves creating unique digital profiles based on various device attributes like hardware, software, network configuration, and behavior patterns. This enhances security measures by accurately identifying and authenticating devices.
Additional Services
CashShield also provides fraud analytics and maintains connections to other databases to enhance its fraud prevention capabilities. The platform is certified under PCI DSS Level 1, ensuring high standards of data security.
In summary, CashShield (Shield) is a robust and automated fraud prevention solution that leverages advanced technologies to provide real-time protection against various types of fraud, making it an essential tool for businesses operating in the digital landscape.