Stop payment card fraud and immediately seize criminal funds
ERAD-Recovery™ is a comprehensive investigative solution that allows law enforcement to inventory and analyze any plastic card confiscated during an arrest. In addition to prepaid card money laundering, ERAD also pinpoints credit and debit card fraud and identity theft—enabling law enforcement officers to investigate credit, debit or prepaid cards in a matter of seconds.
Our cutting-edge solution gives users the power to read cards and freeze and seize funds associated with illegal or illicit activities. Like other cloud-based subscription software, ERAD is easy to implement and accessible for law enforcement officers by mobile or PC devices.
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.
ERAD’s automatically-generated reports identify card balances, case totals, card issuers and associated victims of fraud.
Reports are easy to download, print, or export as either Excel or PDF files. Our automatically-generated reports eliminate the risk of human error and streamline your documentation process.
ERAD will instantly notify you if a stolen card has been confiscated by another law enforcement agency.
Check available balances from big box retailers like Best Buy and Walmart.
Easily upload card numbers for analysis.
Check the balances on virtually any prepaid card.
seamless organize and store all associated documents like supoenas and affidavits.
Produce detailed Excel and PDF documents for court orders and management reports.
Access legal documents, reference guides and training videos.
No contract required
24/7 access to our platform
Comprehensive reports for each card
Produce detailed excel and .pdf documents for court orders and management reports
Instant notification if a stolen card has been confiscated by another law enforcement agency
Available balance details from participating Visa, MasterCard, American Express, Discover Card, JCB and Union Pay prepaid cards
Determine the available balance from key retailerscards
Secure the available balance associated with a Visa, MasterCard or American Express prepaid card
Transfer the available balance associated with a Visa, MasterCard or American Express prepaid card
Process seizure warrants and court orders for participating key retailers
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.
A unique offering that provides financial institutions with timely reporting when their credit, debit or prepaid cards have been confiscated by a law enforcement agency using ERAD.
Receive detailed reports with the relevant cardholder and agency information you need to protect card accounts from additional fraudulent use.
With our notification service, your institution can quickly identify stolen cards and immediately status them to prevent additional fraudulent losses.
Receive individual BIN registration details plus brand, issuer name, client name and status for each confiscated card.
Multiple update reports of cardholder information each day via secure FTP
Contact information for the law enforcement agency that confiscated your institution’s cards
Individual BIN registration detail plus brand, issuer name, client name and status for each confiscated card
Swift advanced notice of confiscated cards to reduce potential fraud losses
Notify customers of a card loss before they notify you! Offer the ultimate fraud protection to build a loyal customer base