ERAD Issuer Notification Service
Reduce Card Issuer Fraud Losses
ERAD is your ally in reducing card issuer fraud losses. Our comprehensive platform is designed to enhance efficiency and minimize losses, ensuring a safer financial landscape
Solutions For Card Issuers
Discover and minimize financial losses caused by stolen cards with our exceptional reporting solution
ERAD-INS (Issuer Notification Service), a one-of-a-kind solution that ensures card issuers receive prompt notification when their credit, debit, or prepaid cards are seized by law enforcement agencies – often even before fraudulent activities can occur.
ERAD-INS is available to all U.S. based card issuers and serves as a powerful tool in the fight against fraud. By swiftly notifying issuers about confiscated cards, the reporting service enables identification of stolen cards and mitigates financial losses. Participating financial institutions receive comprehensive reports containing essential information about cardholders and the involved law enforcement agencies, empowering them to safeguard card accounts against further fraudulent use.
Instantly notify
card issuers when their cards are confiscated
What used to take days can now be done instantly, at the moment of arrest. Our integrated solution checks balances, freezes cards, and seizes stolen funds on the spot.
Multiple update reports daily via FTP
Receive detailed reports with relevant cardholder and agency information needed to protect card accounts from additional fraudulent use.
Access contact information for confiscating law enforcement agencies
With our notification service, issuers can quickly identify stolen cards and promptly take action to prevent further fraudulent losses.
Individual BIN registration detail
Receive individual BIN registration details including brand, issuer name, client name and status for each confiscated card.