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Card Sentry is designed to help banks proactively manage the risk associated with card fraud. The product detects fraud by scanning transactions and comparing them to industry standard, identified fraud trends. CSI constantly updates these known trends based on new criminal strategies, reported incidences of fraud and best practices from industry peers.
Card Sentry has been quickly adopted since its launch in
CSI offers two levels of service to assist banks in informing customers of potential fraudulent activity detected on their debit card accounts. Most Card Sentry users are taking advantage of the premium service that allows CSI Card Sentry fraud analysts to contact cardholders directly. As evidence, fraud analysts were calling an average of 50 cardholders per month when Card Sentry was initially released, but in recent months call volume has increased to nearly 2,000 per month. Banks can also choose to retain the responsibility for contacting their cardholders.
According to
'Industry statistics indicate that we will continue to see a steady increase in card fraud in coming years because fraudsters are taking advantage of consumers' ever-increasing use of plastic,' stated Yelton. 'And while no system can eliminate card fraud completely, Card Sentry offers valuable -- and proven -- protection for banks and their customers.'
About Computer Services, Inc.
Computer Services, Inc. (CSI) delivers core banking, payments processing, Internet, card services, risk assessment, fraud prevention, network management, and regulatory compliance solutions to over 4,600 financial institutions and corporate entities. Technology planning, local account managers and world-class customer service explain why CSI has been known as the nation's premier provider of banking solutions for over 40 years. CSI's stock is traded on the OTCQX under the symbol CSVI. For more information about CSI, visit www.csiweb.com .
SOURCE Computer Services, Inc.

