Real Time Decisioning definition

Real Time Decisioning. (“RTD”) means the standard service provided by Vendor as additional functionality to its Fraud Detection/Monitoring Services and which are designed to enable a Customer to implement certain transaction authorization strategies that incorporate a range of risk elements into the authorization decision in order to block or authorize a transaction. Customer may use a range of risk elements to create an authorization decisioning rule designed to block transactions that may have a likelihood of fraud. Customers may also exclude certain cardholders from the blocking criteria. Fraud detection investigates approved transactions that are likely to be fraudulent; whereas, RTD works to decline the potentially fraudulent authorization.
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Related to Real Time Decisioning

  • Submission Location means the submission location identified as such in the Summary of Key Information.

  • Design-build team means an entity that consists of:

  • Submission Date means the date on which You Submit a Contribution to Us.

  • Application Review Start Date means the later date of either the date on which the District issues its written notice that the Applicant has submitted a completed Application or the date on which the Comptroller issues its written notice that the Applicant has submitted a completed Application and as further identified in Section 2.3.A of this Agreement.

  • Commissioning means the process for determining the need for and for obtaining the supply of healthcare and related services by the Trust within available resources.