Download: Rippleshot's FPR vs Fraud Captured Worksheet
FPR vs Fraud Captured - Everyone is familiar with these two terms and the inherent trade-off between the two.
On the most basic level, you live and die by this curve. You're using FICO or VISA DPS score bands to build rules, and you're getting monthly reports from your processors on their performance, but many of you aren't looking at this curve at all - because until now, it wasn't easy to.
This worksheet is complete with formulas and graphs - all you need is your monthly false positive ratio by score report from your processor to plug in and view your own score-based fraud rule performance.
