Value Stream:
Protect
Protect your revenue with real-time risk intelligence. Detect fraud faster, prevent chargebacks, and secure every transaction end-to-end.
Overview
Fraud moves fast, your protection should move faster.Centric empowers payment providers to continuously analyze transaction streams, merchant behavior, and chargeback patterns to detect anomalies early, prevent financial loss, and strengthen payment security across every channel.
Key Statistics
Global payment fraud losses reached $38 billion in 2024, with card-not-present and synthetic ID fraud driving most cases — Nilson Report
70% of Nigerian payment fraud originates from social engineering and synthetic identities — NIBSS Industry Fraud Report
AI-driven fraud detection reduces false positives by up to 50% — McKinsey Digital Risk Study
Businesses using proactive chargeback prediction cut losses by 30% — Accenture Payments Intelligence 2024
Reactive Fraud Controls
Fraud teams act after damage is done often post-chargeback or after regulatory flags.
High False Positives
Static rules block legitimate transactions, frustrating customers and merchants.
Limited Visibility
Siloed fraud and payment data make it hard to spot emerging attack patterns.
Manual Case Review
Risk analysts spend hours investigating alerts without intelligent prioritization.
Escalating Costs
Chargebacks, recovery fees, and reputation risk continue to rise.
Surge in synthetic ID and merchant collusion fraud.
Growing chargeback pressure from card networks and processors.
Stricter CBN risk management and AML mandates.
Rising operational cost of fraud case handling.
Real-Time Fraud Detection
AI models scan every transaction stream to identify and block suspicious activity instantly.
Chargeback Prediction
Behavioral and transactional analytics flag potential disputes before they occur.
Merchant Risk Monitoring
Continuous evaluation of merchant performance and compliance to prevent financial exposure.
Transaction Escalation & Blocking
Automatically halt high-risk transactions and route critical cases for expert review.
Adaptive Intelligence
Confirmed fraud and chargeback data continuously retrain detection models for sharper accuracy.
