Motive recently announced new AI-powered fraud controls that detect fraud before it happens. Motive’s new fraud control features identified more than $250,000 from more than 1,200 unauthorized transactions in a 30-day trial. According to the company, the Motive Card is the only fuel card that is fully integrated into a fleet management platform.
The new fraud controls integrate telematics data from the Motive platform to give fleet managers the data and controls they need to identify and decline fraud transactions.
"The Motive Card does so much more than save us time and fuel costs, it alerts us to potentially fraudulent activity and declines those transactions. We haven’t had any fraud since using the Motive Card,” said Alex Amort, VP of compliance for Cascade Environmental. “Because we’re able to manage our fleet and expenses in one dashboard, we have much closer control over our operations, can stop fraud before it happens, and can better coach our drivers on fueling policies and efficiency. With Motive, we’re able to obtain true, documented, direct savings to our bottom line."
See also: Motive launches First Responder service for commercial vehicle drivers
Exclusively available to Motive Card customers, the new fraud controls enable businesses to customize spending limits, automatically decline suspicious transactions, and receive instant alerts for location discrepancies. With the new controls, Motive says customers can:
- Stop fraud before it happens: AI-powered Vehicle & Spend Location Mismatch provides a layer of security against fraud, with new alerts and auto decline controls if the vehicle location does not match the fuel card transaction.
- Respond faster to suspicious activity: Fuel Type Mismatch and Fuel Level & Spend Mismatch alerts allow fleet managers to detect fraudulent transactions and take action, such as freeze the card, or block the merchant when the fuel level or type do not match the vehicle.
- Control spend in real time: Category Level Spend Limits allow customers to set transaction limits by merchant type, times of day, days of week, billing cycle, and transaction locations for more precise control over their spend.
- Increase profits with a holistic view: The integration of fleet telematics and spend transactions in one platform gives fleet managers a comprehensive view of all activity, so they can control and stop unauthorized spending and improve profit margins, savings, and operational efficiency.
