Case Study

LexisNexis ThreatMetrix Helps Mitsubishi UFJ NICOS Significantly Reduce Fraud Losses

LexisNexis ThreatMetrix Helps Mitsubishi UFJ NICOS Significantly Reduce Fraud Losses

CUSTOMER Mitsubishi UF J NICOS Co., Ltd. REQUIREMENTS • Reduce fraud losses for credit card issuers • Provide an easily customizable, powerful rules engine SOLUTION With LexisNexis® ThreatMetrix®, Mitsubishi UF J NICOS is able to leverage risk-based authentication to enhance risk decisioning as part of its reduction of damage due to unauthorized usage by third parties in relation to credit card payments. By using the rules engine, which is based on diverse types of information, the organization can reject suspicious transactions and approve legitimate usage in real time and with a high degree of precision. BOTTOM LINE • Increased the fraud detection rate by up to 20 points • Reduced losses by decreasing damage due to fraud • Reduced factors limiting legitimate usage by customers by

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