DES MOINES, Iowa (7/15/10)--The Members Group (TMG), Des Moines, Iowa, has added the Visa Risk Manager to its fraud prevention services for clients participating in Visa programs. With Visa Risk Manager, credit unions can create fraud cases and decline suspicious transactions in real time. The tool is customizable and allows for rule creation at the account level and for a specific timeframe, giving credit unions the ability to fine-tune their fraud prevention methods based on individual cardholder needs. Visa Risk Manager, with Visa Advanced Authorization, allows credit unions to decline only the highest risk transactions while optimizing approval rates at the point of purchase. That means reduced risk exposure for credit unions and the freedom for cardholders to use their Visa cards in more places. Credit unions also can evaluate proposed fraud strategies within minutes, using their own historical data to provide an accurate assessment of rule performance. “We know that a one-size-fits-all approach to fraud prevention doesn’t work,” said Karen Postma TMG cards risk senior manager. “This extra level of protection gives our clients options and a layered approach to fraud prevention that will dramatically improve response time and guide their evolving strategies.” TMG will provide the tool at a number of service levels, depending on the client’s specific fraud prevention needs.