minFraud^® services

Foundational data provides the essential building blocks for data powered applications and integrations. It enables complex data operations and analytics, and plays a crucial role in data enrichment.

API stands for Application Programming Interface. It allows different systems to communicate with each other. An API can integrate a dataset into an existing application, or enable two applications to share information seamlessly.

A transaction risk API assesses the risk associated with transaction data like IP, email, credit card, device, physical address, and more, to return a risk score and risk data that can be used to automate transaction approval/denial and provide resources for your fraud prevention team. The minFraud service is a transaction risk API for assessing the likelihood of fraud in transactions.

The minFraud service returns an overall risk score, which uses an ensemble machine learning approach enhanced by continually evolving heuristics developed by fraud experts . The model behind the risk score adapts to new fraud patterns over time based on the data and feedback you provide. You can use risk scores to determine how to respond to a transaction, whether to accept, reject, or review it more carefully, or to complement your existing fraud models.

Custom rules allow you to automatically set a label for your minFraud transactions based on knowledge and experience about fraud patterns that affect your business. When you identify a pattern in fraud affecting your business, you can use custom rules to capture all transactions that match this pattern and apply a label of “accept,” “reject,” or “manual review” to those transactions. These rules do not affect risk scoring. Find out more about custom rules.