Reap has announced the launch of Reap Sentry, a managed card fraud and risk service. Through the service, Reap manages a client’s end-to-end transaction risk management, including investigating alerts and processing chargebacks.

Reap Sentry is said to combine the fraud policy, tooling, and day-to-day operations necessary to manage transaction risk. The controls are informed by fraud patterns observed across Reap’s entire issuing portfolio.

The service also processes and represents chargebacks submitted by clients, reports confirmed fraud, and provides program performance reporting on an agreed cadence.

Harris Leow, Head of Product at Reap, shared,

“Most companies launching a card program have to build a fraud function from day one. Sentry takes on that entire card fraud function: our controls, data and specialists, tailored to each card program.”

The managed service is available to new Reap card issuing clients and to existing clients at contract renewal through Reap’s API.

Featured image edited by Fintech News Hong Kong based on an image by Frolopiaton Palm on Magnific