CSG Helps Businesses Cut Fraud LossesCSG Helps Businesses Cut Fraud Losses by Up to 70% with CSG Payments Protection.aiAI-powered fraud detection solution enables near-real-time, cross-channel transaction monitoring to stop fraud without slowing legitimate paymentsCSG announced the launch of CSG Payments Protection.ai, a next-generation fraud detection and financial risk management solution to accurately identify and stop payment fraud. The solution proactively monitors digital transactions across diverse payment channels and fraud types, so businesses can reduce fraud losses by 50–70% while significantly lowering false-positive alerts and the resulting customer friction. “Fraud is no longer a once-in-a-while surprise,” said Saurabh Joshi, EVP and President, CSG Payments. “It’s constant, adaptive, and affects businesses regardless of size or industry. That’s why it was so important for us to offer an always‑learning AI solution that can help businesses stay ahead of increasingly sophisticated threats. With CSG Payments Protection.ai, we give our customers smarter protection, fewer false-positive declines, and a smoother experience in one, unified service.” Driven by advanced AI and machine learning, Payments Protection.ai is a cloud-based platform, also deployable on-prem or in hybrid environments, enabling:
Source: CSG media announcement | |