Summary
Overview
Work history
Education
Skills
Certification
Personal Information
Custom
Timeline
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Prakash V

Prakash V

Riyadh,KSA

Summary

Experienced fraud risk analyst with a strong background in anti-fraud measures and cards fraud management, including credit cards (Visa), debit cards (MADA), and prepaid cards. Proficient in application fraud detection, merchant acquiring, and utilizing tools such as Group-IB, Visa Risk Manager, Falcon, Apex, Eguard, Trident, and Cortex. Skilled in SQL, Excel, Python, and Power BI to drive data-driven insights and enhance fraud prevention strategies. Committed to leveraging analytical expertise to mitigate risks and safeguard financial assets.

Overview

13
13
years of professional experience
1
1
Certification

Work history

Assistant Manager - Fraud Detection, Issuance & Acquiring Business

TATA Consultancy Pvt Ltd
Riyadh, Saudi Arabia
04.2024 - Current
  • Company Overview: Client - Al-Rajhi Bank
  • Data Analyzing on customer transactions and placing rules for MADA Debit card and Visa Credit Card transactions in Fraud Solutions systems such as SAS, CORTEX and VRM to prevent digital frauds-Social Engineering
  • Analyzing Apple pay, MADA Pay & SAMSUNG Pay tokenization frauds and placing rules in APEX Green & VRM
  • Analyzing authentication transactions in VCAS and placing rules based IP address and other digital attributes
  • Analyzing digital events and sessions in GIB and terminates fraud session using rules
  • Analyzing MADA, Visa Transactions and Apple Pay, MADA Pay & Tokenization
  • Preparing weekly, monthly fraud MIS and reporting to SAMA
  • Handling escalation cases- SAMA complaints
  • Analyzing BIG data's using SPLUNK and SQL
  • Preparing presentation using POWER BI for committee meetings
  • Analyzing merchant behaviors and placing rules in CORTEX to control fraud on acquirer level
  • Analyzing new merchant On-boarding (Ecommerce & Soft POS)
  • Coordinate with big merchants & schemes to prevent fraud
  • Rule Review Assessment on monthly bases to identify effectiveness of RTD, Case creation and Token Provisioning rule
  • Review fraud reported transactions on our acquiring merchants and suggest merchants or aggregators to place controls accordingly

Fraud Data Analytics

Yes Bank
05.2021 - 04.2024

Role and Responsibilities:

  • Rule creation using statistical techniques to alert/decline suspicious credit/debit card transactions in Fraud Monitoring Systems such as ACI Proactive Risk Manager (PRM), VISA FMS, MASTER CARD FMS CMS, Vision Plus and eGuard(FRM)
  • Managing an Advanced Fraud Monitoring System exclusively for secured online transactions to detect suspicious transaction in real time
  • Handled Project and System enhancements/automation for the Cards and Digital wallet
  • Analyzing prospective business impact and ensuring rules that are placed to address fraud trends does not have any impact on the genuine customer spends
  • Monitoring of fraud trends time-to-time and put in place necessary modifications in risk detection parameters
  • Ensure immediate identification of the point of compromise & action on the impacted cards used in the compromise point
  • Responsible for sending cancellation mails to appropriate merchant on identifying a fraud incident to stop and refund the affected customer and also to check the beneficiary for customer involvements
  • Publishing necessary MIS and analysis reports
  • Fraud Data Analytics

Assistant Manager

Spectromax Technology Pvt Ltd
05.2020 - 05.2021
  • Lead Fraud Management team (AML transactions monitoring & KYC Verification) Monitored high risk country & PEP and Sanction updates from authorities and updating system
  • Coordination with third parties for KYC Verification, PEP & Sanction and Cyber check screening responses
  • Co-ordination with Payment gateways for fraud velocity rules and thresholds changes based on fraud trends
  • Create and Update AML rules and Fraud Rules based on new trends


Fraud Analytics

HDFC Bank
05.2019 - 03.2020
  • Create new to rule to monitoring team for new rule deployment in system and allocating resource to observe alerts and declines
  • Coordinating with merchants for fraudulent transaction cancellations and beneficiary details
  • Coordinating with Regional team for case closure and money mule activities
  • Creating new rules in systems to control frauds Handling high value disputes and escalations

Fraud Analytics

Lyca Tech Services Pvt Ltd
10.2014 - 05.2019
  • Monitoring online mobile top-up transactions in payment gateways and blacklisting respective fraudulent credit, debit cards and mobile numbers
  • Deduping IPs and Device address to find fraudulent transactions
  • Analysing customers Address proof documents to whitelist velocity card numbers and mobile numbers
  • Black listing fraudulent debit, credit cards and mobile numbers in payment gateways Handling Chargeback files which received from issuer banks and blocking respective mobile numbers
  • Create or remove fraud rules based on current fraud trends by giving suggestions to analytical team

Fraud Analyst

ADFC Pvt Ltd
08.2011 - 10.2014
  • Company Overview: HDB Finance (HDFC BANK) - Fraud Control Unit
  • Managed Online secure and unsecure transactions
  • E-commerce online secured transactions are monitored and precedence
  • Real time monitoring for secured online transaction done through e-guard System at Authentication level
  • Authentication level monitoring done through Accosa (ACS- HDFC BANK)
  • Each online transaction's scores will be created depends upon IP, Device ID, Browser, Browser ID, IP Country, OS and OS- Version and Merchant
  • Based on score level system categorizes seven ratings of alerts like Deny, OTP STEPUP, Critical, High, Medium, Low, and Accept
  • Real-time Fraudulent and suspicious transactions are monitored and placing temporary block on card to avoid further misuse through PRM and VISON PLUS (Credit card) and CMS (Debit card)

Education

Bachelor of Science - Information Technology

Davangar Arts And Science College

Skills

  • Fraud Risk Analytics
  • Anti-Fraud
  • Cards Fraud
  • Credit Cards-Visa
  • Debit Cards-MADA
  • Prepaid Cards
  • Application Fraud
  • Merchant Acquiring
  • Group-IB
  • Visa Risk Manager
  • Falcon
  • Apex
  • Eguard
  • Trident
  • Cortex
  • SQL
  • Excel
  • Python
  • Power BI

Certification

  • Oracle SQL - Guess Data Analytics
  • Python - Guess Data Analytics
  • Power BI - Guess Data Analytics

Personal Information

  • Date of birth: 06/04/91
  • Gender: Male
  • Nationality: Indian
  • Marital status: Married
  • Visa: Employment

Custom

I hereby declare that all the above information are true and correct to the best of my knowledge.

Timeline

Assistant Manager - Fraud Detection, Issuance & Acquiring Business

TATA Consultancy Pvt Ltd
04.2024 - Current

Fraud Data Analytics

Yes Bank
05.2021 - 04.2024

Assistant Manager

Spectromax Technology Pvt Ltd
05.2020 - 05.2021

Fraud Analytics

HDFC Bank
05.2019 - 03.2020

Fraud Analytics

Lyca Tech Services Pvt Ltd
10.2014 - 05.2019

Fraud Analyst

ADFC Pvt Ltd
08.2011 - 10.2014

Bachelor of Science - Information Technology

Davangar Arts And Science College
Prakash V