FIS Payments One provides a state-of-the art modular platform that banks and credit unions can use to manage their debit cards, credit cards, and ATM operations. FIS Payments One also provides a rich library of API’s to accelerate development cycles for payment operations and innovation.
FIS Payments One provides a series of daily reports that are essential for managing operations. For example, the risk and fraud operations team can use information from the following sources:
In order to identify credit card accounts that have high current balances that exceed their allowed credit limit, and are still actively being used. These accounts would be reviewed for default risk or potential fraudulent activity.
Gathering the data from these two sources can be complex can could take up to 30 minutes in Excel, but in Monarch the process could be accomplished in less that five minutes.