Key features
FPAD provides several modules that cover the whole range of fraud fighting, from fraud prevention (before a transaction is sent) to fraud detection (after clearing and settlement).
A unique network view:
- pan-European view of payment activity for SCT and SCT Inst transactions
- identification of patterns of known fraud and anomalous payment behaviours
- insights into payment and beneficiary account behaviors unavailable to any single PSP
- Verification of Payee at a pan-European level integrated with fraud prevention and aligned to the scheme of the European Payments Council
Easy and flexible access:
The different modules were designed to be easily integrated to enhance PSPs’ existing payment, fraud prevention and investigation systems and processes.
PSP can access FPAD information via APIs or through the Participant Workstation (PWS) using different connectivity options.