Flagging is the process of identifying and marking suspicious transactions, accounts, or activities that require additional scrutiny or investigation in fraud detection and risk management systems.
Flag Types
- Transaction flags
- Account flags
- Behavior flags
- Risk level flags
- System alerts
Trigger Events
- Unusual activity
- Risk thresholds
- Pattern matches
- Rule violations
- Suspicious behavior
Implementation
- Automated systems
- Manual review
- Risk scoring
- Alert generation
- Investigation queues
Response Actions
- Transaction hold
- Account review
- Risk assessment
- Investigation
- Resolution
Best Practices
- Clear criteria
- Quick response
- Documentation
- Regular review
- Performance tracking
Effective flagging systems balance fraud detection with operational efficiency.