The payment card industry’s ever-evolving landscape has seen a drastic increase in payment card fraud within the past few years. Card fraud costs the U.S. card industry $8.6 billion per year, according to an Aite Group study released in January 2010. With the continued increase in worldwide electronic information sharing, electronic data storage, online purchasing, and the frequency and ease of card usage, fi nancial institutions and their cardholders face greater odds of becoming victims of card fraud.

That is why we developed FIS Secured™ – Debit and Credit, a fraud protection program that leverages proprietary analytical tools to help prevent fraud and protect fi nancial institutions against unrecoverable fraud losses occuring as a result of counterfeit, lost or stolen debit and credit cards.

Benefits of FIS Secured

• Warranty reimbursement of unrecoverable fraud losses over $50
  
• Robust daily and annual warranty limits
  
• Protect against the most common types of fraud
  
• Ability to leverage the same fraud prevention resources as the largest issuers
  
• Decreased reputation risk
  
• Ability to offer debit and credit cards with reduced risk of fraud loss
  
• Competitively priced fraud protection
  
• Ability to reallocate internal resources dedicated to fraud mitigation