Visa Risk Manager
Visa risk manager (also known as aVRM) is a web-portal of VisaNet. It supplies users with a complete set of risk and fraud management tools. They all can be accessed through Visa Online 24 hours a day/7 days a week.
The Visa Risk Manager is created to allow users to optimize fraud prevention. The set of tools of VRM also increases profitability by providing clients with a transaction risk management decisioning system. The Visa Risk Manager is a new technology that examines all the transactions. Such an approach allows determining the parameters used to spot a transaction for review to set rules to decline fraudulent transactions. Visa Risk Manager enables intelligent decisioning throughout the entire transaction lifecycle.
With the help of a web portal, issuers can establish rules to decline high-risk purchases/wallet provisioning requests. It also marks and prioritizes doubtful purchases that require further investigation to determine if the cardholder made the purchase. While using the services of VRM APIs, users can automate communication between their back-office systems and Visa Risk Manager.
To understand how Visa Risk Management functions, consumers need to familiarize themselves with the following:
- Visa Risk Manager Features & Functionality
- Rule Manager
- Case Manager
- Account management
- Report generation
- Compromise Account Management System (CAMS) Dashboard