ERAD issuer notification service

Easy to implement. Protects your customers, and your bottom line.

Solutions for
Financial Institutions

Identify stolen cards and curb financial losses with our
superior reporting solution.

 

ERAD-INS (Issuer Notification Service) is a unique solution that provides timely notification to financial institutions 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 financial institution, ERAD-INS is a powerful fraud solution that quickly notifies financial institutions 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 institutions receive detailed reports with the relevant cardholder and law enforcement agency information they need to protect card accounts from additional fraudulent use.

Quickly notify
financial institutions when their cards are confiscated.

A process that once took days can now be done instantly–right at the point of arrest. Our solution lets you check balances, freeze cards and seize stolen funds on the spot.

Multiple update reports each day via FTP

Receive detailed reports with the relevant cardholder and agency information you need to protect card accounts from additional fraudulent use.

Confiscating law enforcement agency contact information

With our notification service, your institution 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.

Everything your financial institution
needs to monitor fraud

Easy to implement and automate, ERAD’s Issuer Notification Service
protects your customers, and your bottom line.

Features

Scheduled Secure FTP Delivery

Multiple update reports of cardholder information each day via secure FTP

Law Enforcement Agency Contact Information

Contact information for the law enforcement agency that confiscated your institution’s cards

BIN DetailIndividual BIN registration detail plus brand, issuer name, client name and status for each confiscated card

Advanced Notification

Swift advanced notice of confiscated cards to reduce potential fraud losses

Improved Cardholder Satisfaction

Notify customers of a card loss before they notify you! Offer the ultimate fraud protection to build a loyal customer base

Transfer

Transfer the available balance associated with a Visa, MasterCard or American Express prepaid card

Process Retailer Court Orders

Process seizure warrants and court orders for participating key retailers

INS™