PLUSCARD
A customer testimonial rather than a case study. Prospero publishes a description of the company and one quotation about a fraud benchmark, and this page carries both without adding to either.
Card fraud, and what the benchmark is said to have shown
PLUSCARD process credit card transactions for institutional customers. The published record of the Prospero relationship is one quotation from the team that works the fraud cases.
At a glance
- Sector
- Banking
- Location
- Germany
- Solution
- DetectX®
- Website
- pluscard.de
What Prospero publishes, and what it does not
About PLUSCARD
A credit card processor for institutional customers
- PLUSCARD are a German credit card processor offering institutional customers comprehensive credit card services from MasterCard and Visa.
The work behind the quotation
A benchmark, with no benchmark published
- The whole of the published record is the quotation below. It names a benchmark in which Prospero is said to have achieved the best detection rates, and it claims a consequence, that fraud losses are minimised, and a second effect on the efficiency of the fraud department. No competitor, method, sample, period or figure is published for any of the three, and there is no case study of this deployment on either Prospero site.
What PLUSCARD say
The customer's own words, reproduced as Prospero reproduces them, spelling included.
Prospero has achieved the best detection rates in our benchmark. Thus, the fraud losses are minimized. At the same time, the user-friendly solution optimizes the efficiency in our fraud department.
This is a testimonial, not a measured result. Best detection rates is a comparison that no published benchmark backs, and it should be read as an opinion given by a customer rather than as evidence.
Where to look next
The capability the quotation describes, the sector page behind it, and a banking study that does have a published result.
- Behavioural analysis
- The signal a card fraud model reads, and why static rules miss it.
- Banking
- Why banks choose DetectX®, and where fraud detection sits among the modules.
- Finnova Analytical Framework
- The same analytical engine, written up as a case study with a published figure.