<Product enhancement>
Way4 Faster Fraud Prevention has been updated with new, easy-to-use features that let clients customize behavior rules for specific risk objects and choose where to store their data, making risk management more efficient.
Way4 Faster Fraud Prevention now introduces customizable rule behaviors, moving beyond the one-size-fits-all approach. Way4 clients can now fine tune how security rules react to specific risk objects like cards, merchants, and compound keys during transactions. This level of personalization, accessible via our intuitive interface and API, brings more precision to risk management and caters to the unique needs of our clients. For instance, if an issuer's rules prohibit card-present operations in certain high-risk countries for all portfolio cards, exceptions can now be created for specific cards. This can be for a predefined time period when a cardholder is planning to travel to a country listed as high risk.
Aiming to offer more flexibility, we've integrated support for key-value store database type parameters in the Way4 FFP configuration, specifically extending it to Oracle Database. In addition to FoundationDB, risk objects and aggregators can now also be stored in Oracle Database. Given Oracle's global prevalence, this addition can result in reduced operational costs and better resource optimization. This expansion ensures that our clients have a choice between using Oracle or Foundation DB as their key-value storage solution.