ERAD Issuer Notification Service
Easy to implement. Protects your customers, and your bottom line.
Solutions For Card Issuers
Identify stolen cards and minimize financial losses with our
superior reporting solution.
ERAD-INS (Issuer Notification Service) is a unique solution that provides timely notification to card issuers when their credit, debit or prepaid cards have been confiscated by a law enforcement agency – and often before those cards can be used fraudulently.
Available to every U.S.-based card issuer, ERAD-INS is a powerful fraud solution that quickly notifies card issuers when their credit, debit or prepaid cards are confiscated by law enforcement. This superior reporting service allows issuers to identify stolen cards and mitigate financial losses. Participating financial issuers receive detailed reports with the relevant cardholder and law enforcement agency information they need to protect card accounts from additional fraudulent use.
card issuers when their cards are confiscated
A process that took days can now be done instantly–right at the point of arrest. Our integrated solution check 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.
Confiscating law enforcement agency contact information
With our notification service, the issuer can quickly identify stolen cards and immediately status them to prevent additional fraudulent losses.
Individual BIN registration detail
Receive individual BIN registration details plus brand, issuer name, client name and status for each confiscated card.