Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Qapture Investments Launches the Qapture Safe Haven Vault (QHVN-USD) — Institutional-Grade Stablecoin Yield, Delivered On-Chain

    November 3, 2026

    Bybit’s 41st Proof-of-Reserves Audit Reports $17.3 Billion in Mainstream Assets

    November 3, 2026

    Artprice by Artmarket Enters into Dialogue with the Entire Spanish-Speaking World and Throws Open the Doors of the Global South with AI and the Status of the Author

    November 3, 2026
    Facebook X (Twitter) Instagram
    Ether UpdateEther Update
    • AI

      AI crypto scams surge as global regulators increase oversight

      October 1, 2026

      Market buzzes as Apple introduces game-changing AI platform

      June 12, 2024

      Partnership between OpenAI and News Corp. redefines journalism

      May 23, 2024

      Data centers drive AI, crypto, pose climate risk

      April 20, 2024

      Meta platforms ramps up AI arsenal in bid for industry lead

      April 19, 2024
    • Bitcoin & Altcoins

      Tether and Circle freeze stablecoins tied to Binance hack

      October 30, 2026

      Bitcoin climbs to weekly high near $84,500 as crypto rebounds

      October 22, 2026

      Bitcoin drops below 81k triggering heavy crypto losses

      October 9, 2026

      Crypto elite gather in Singapore as Bitcoin rally gains

      October 6, 2026

      Bitcoin golden cross pattern signals positive quarter ahead

      October 5, 2026
    • Blockchain & DeFi

      IMF says tokenized stocks gain demand despite market risks

      October 12, 2026

      THORChain halts trading after vault breach

      May 18, 2026

      Bybit loses over $1.4 billion in Ethereum as hackers strike

      February 21, 2025

      Google Cloud’s web3 portal launch sparks debate in crypto industry

      April 28, 2024

      Crypto trader Avi Eisenberg found guilty of $110m fraud

      April 18, 2024
    • Business

      Ledger reseller probe confirms implant amid crypto losses

      October 13, 2026

      Charles Schwab survey finds investors want crypto holdings

      October 8, 2026

      Crypto expanding market pricing boundaries across global assets

      October 7, 2026

      Treasury withdraws crypto surveillance rules in policy shift

      October 6, 2026

      Solana CEO says China will manage crypto integration

      October 2, 2026
    • Ethereum & NFTs

      Hong Kong ETF market makes waves with debut of crypto funds

      April 30, 2024

      Manchester City and Okx launch digital collectibles for global fans

      April 23, 2024

      Ethereum surges past $3,600 mark amidst strong trading activity

      April 8, 2024

      Ether’s value could see significant upswing after Bitcoin halving

      April 6, 2024

      Ethereum’s price flirts with $3k threshold amid bearish sentiment

      April 3, 2024
    • FinTech

      Binance to launch four new trading pairs amid market fluctuations

      September 3, 2024

      Escrow system in question as Ripple releases 1 billion more XRP

      September 3, 2024

      Rakeez Financial secures $2M seed round led by CoreVision

      March 15, 2024

      Trampay gets $250K from Potencia Ventures, boosts Brazil gig economy

      March 11, 2024

      Nigeria welcomes PalmPay’s game-changing fintech offerings

      March 11, 2024
    • Gaming

      Immutable unveils $50 million Web3 gaming rewards program

      April 26, 2024

      ViewSonic unveils XG272-2K-OLED, redefining gaming visuals

      April 2, 2024

      Animoca Brands, KACST forge alliance for web3 hub in Riyadh

      March 11, 2024

      Hitachi LG data storage redefines console gaming storage

      February 28, 2024

      Sony’s stock plummets by $10 billion as PS5 sales forecast dips

      February 19, 2024
    • Partner Content

      Türkiye’s leading digital asset platform Paribu expands its platform into DeFi, yield, and equities

      July 1, 2026

      Bitget Launches New Pre-IPO Product With SpaceX as First Listing

      April 15, 2026

      Dollar Cost Averaging (DCA): The Smart Crypto Investment Strategy Using Bybit’s Trading Bots

      December 18, 2025

      Stablecoins Emerge as a Key Financial Hedge Against Inflation Across Africa

      December 18, 2025

      Floki Gains European Market Entry with First ETP

      October 6, 2025
    • Policy

      Crypto industry pours over $200 million into US midterms

      November 2, 2026

      Better Markets says stablecoin rules open door to crypto banks

      October 28, 2026

      Russia to ban direct peer-to-peer crypto trades from July 2027

      October 23, 2026

      China reopening crypto access could trigger supercycle

      October 7, 2026

      FinCEN withdraws proposed crypto rules in major policy shift

      October 6, 2026
    Ether UpdateEther Update
    Home » Reap Launches First Ever Managed Fraud and Risk Service for Card Programs
    PR Newswire

    Reap Launches First Ever Managed Fraud and Risk Service for Card Programs

    September 21, 20263 Mins Read
    Share Facebook Twitter WhatsApp Pinterest Copy Link LinkedIn Tumblr Email Telegram

    Reap Sentry configures and manages fraud controls for clients’ card programs, eliminating the need for additional monitoring tools or in-house fraud specialists.

    HONG KONG, Sept. 21, 2026 /PRNewswire/ — Reap, a global financial technology company that enables financial connectivity and access for businesses worldwide through stablecoin-enabled infrastructure, today announced the launch of Reap Sentry, a managed card fraud and risk service. Through Sentry, Reap manages a client’s end-to-end transaction risk management – from configuring fraud rules and screening authorisations in real time to investigating alerts, processing chargebacks, and reporting confirmed fraud to Visa. Clients do not need to build or license additional fraud-monitoring tools, or hire a dedicated fraud team.

    Payment card fraud losses worldwide totalled USD 33.41 billion in 2024 (The Nilson Report, January 2026), tied to global card volume of USD 51.920 trillion (The Nilson Report, January 2026). Every card in circulation is a live payment instrument, with authorisation decisions made in milliseconds. Fraud must be stopped at the point of authorisation, not afterwards, as the knock-on costs of fraud can often exceed the value of the fraud itself. Meanwhile, evolving attack patterns make fraud management an ongoing operational function.

    Built on the technology within Reap’s issuing portfolio, Sentry combines the fraud policy, tooling, and day-to-day operations required to manage transaction risk effectively. Having issued millions of cards over eight years of card issuance, Reap brings to Sentry controls informed by fraud patterns observed across its entire issuing portfolio. These controls are tailored to each client’s business profile, including its cardholder segments, geographic footprint, and stated risk appetite.

    Sentry conducts ongoing screening and declines suspected fraud in real time at authorisation; triages and investigates alerts; and continuously updates controls as new threats emerge, including BIN attacks and merchant breaches. The service also processes and represents chargebacks submitted by clients, reports confirmed fraud, and provides program performance reporting on an agreed cadence. Controls are reviewed and refined as each program evolves, without requiring client intervention. Clients can integrate with Sentry through a single Reap API.

    Reap protects the authorisation layer it operates and observes, while clients retain responsibility for the cardholder relationship and key first-party fraud entry points, including onboarding, identity verification and account access.

    “Most companies launching a card programme have to build a fraud function from day one. Doing so requires specialist tooling, dedicated expertise and several months of preparation before they can safely issue a single card, by which point the threat landscape may already have shifted. That is rarely how a team wants its first months to go.” said Harris Leow, Head of Product, Reap. “Sentry takes on that entire card fraud function: our controls, data and specialists, tailored to each card programme.”

    Sentry is available to new Reap card issuing clients and to existing clients at contract renewal, on Reap’s own API.

    To find out more about Sentry, visit our website: https://reap.global/products/sentry-fraud-risk-management

    About Reap
    Reap is a global financial technology company that enables financial connectivity and access for businesses worldwide through stablecoin-enabled infrastructure. We transform the financial landscape through more efficient money movement by merging traditional finance with digital assets, bridging disparate economies and connecting key financial markets.

    Reap was an early leader in Asia to incorporate stablecoins into our solutions. In 2025, Reap processed billions in stablecoin-funded transaction flows. From stablecoin-enabled corporate cards to cross-border payments, we streamline financial operations and empower companies to scale with our integrated business accounts and embedded finance solutions.

    Founded and headquartered in Hong Kong, Reap employs 300 people worldwide. More information about Reap can be found at reap.global.

    Cision View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/reap-launches-first-ever-managed-fraud-and-risk-service-for-card-programs-302883367.html

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link

    Related Posts

    Qapture Investments Launches the Qapture Safe Haven Vault (QHVN-USD) — Institutional-Grade Stablecoin Yield, Delivered On-Chain

    November 3, 2026

    Bybit’s 41st Proof-of-Reserves Audit Reports $17.3 Billion in Mainstream Assets

    November 3, 2026

    Artprice by Artmarket Enters into Dialogue with the Entire Spanish-Speaking World and Throws Open the Doors of the Global South with AI and the Status of the Author

    November 3, 2026
    Latest News

    Crypto industry pours over $200 million into US midterms

    November 2, 2026

    Tether and Circle freeze stablecoins tied to Binance hack

    October 30, 2026

    Better Markets says stablecoin rules open door to crypto banks

    October 28, 2026

    Russia to ban direct peer-to-peer crypto trades from July 2027

    October 23, 2026

    Bitcoin climbs to weekly high near $84,500 as crypto rebounds

    October 22, 2026

    Ledger reseller probe confirms implant amid crypto losses

    October 13, 2026

    IMF says tokenized stocks gain demand despite market risks

    October 12, 2026

    Bitcoin drops below 81k triggering heavy crypto losses

    October 9, 2026
    FinTech

    Binance to launch four new trading pairs amid market fluctuations

    September 3, 2024

    Escrow system in question as Ripple releases 1 billion more XRP

    September 3, 2024

    Rakeez Financial secures $2M seed round led by CoreVision

    March 15, 2024
    Gaming

    Immutable unveils $50 million Web3 gaming rewards program

    April 26, 2024

    ViewSonic unveils XG272-2K-OLED, redefining gaming visuals

    April 2, 2024

    Animoca Brands, KACST forge alliance for web3 hub in Riyadh

    March 11, 2024
    Policy

    Crypto industry pours over $200 million into US midterms

    November 2, 2026

    Better Markets says stablecoin rules open door to crypto banks

    October 28, 2026

    Russia to ban direct peer-to-peer crypto trades from July 2027

    October 23, 2026
    © 2024 Ether Update | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.