We have designed and implemented numerous risk management and mitigation programs for merchants, acquirer processors and payments clients.

Areas of Focus

  • Settlement risk, network management and fraud monitoring

  • Prepaid card issuance and acquisition strategy, BIN sponsorship and management support

  • Certified Visa GARS, PIRP assessment and merchant review vendor

  • Design and documentation of policies/procedures to ensure network and regulatory compliance


Engagement Examples

CLIENT

Major US retailer

PROJECT OBJECTIVE

Reduce customer fraud

GVGROUP ACTIONS

Identified and developed a risk management program and tactics to manage customer fraud

RESULTS

  • Significantly reduced fraud and increased revenue by implementing enhanced authorization tools and techniques

  • Hired to conduct RFP for new transaction processor relationship

 

CLIENT

Major payment network

PROJECT OBJECTIVE

Reduce settlement risk for network

GVGROUP ACTIONS

  • Developed multi-dimensional evaluation tool

  • Analyzed strategies for pooling risk and collateral

RESULTS

Recommended approach resulted in projected cost savings of $35 million without incurring additional systemic risk

 

CLIENT

Large U.S.-based credit card issuer

PROJECT OBJECTIVE

Improve skip tracing effectiveness in collections cycle

GVGROUP ACTIONS

Analyzed issuer processes and recommended an enhanced program

RESULTS

30% lift in right party contact rates

 

CLIENT

Major payment network

PROJECT OBJECTIVE

Enhance network risk management capabilities and service offerings to issuers, acquirers and merchants

GVGROUP ACTIONS

Mapped current network product offerings against market requirements

RESULTS

Developed strategy for risk management services offering to enhance and differentiate from payment network competitors

 

CLIENT

Major payment network

PROJECT OBJECTIVE

Assess incidence and impact of cross border fraud on issuer profitability

GVGROUP ACTIONS

Analyzed and quantified types and incidence of cross border fraud across high fraud countries by payment card product

RESULTS

  • Developed a fraud assessment tool to optimize revenue and fraud loss performance via early warning indicators

  • Identified cross border fraud concentrations