Reap Launched Managed Fraud Service for Card Issuers
The new Sentry service provides card issuers with automated fraud rule configuration and real-time screening.
Updated on Sept. 21, 2026 in Financial Crime
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Reap has introduced a managed fraud service named Sentry to assist card issuers with transaction security. The service integrates directly through a single API and manages the authorization layer on Reap infrastructure.
Why it matters
Sophisticated fraud management requires specialized tooling and deep expertise that many organizations lack before bringing new financial products to market. This service aims to bridge that gap by handling complex tasks like chargeback processing and reporting.
Reap has launched its Sentry service, which automates fraud rule configuration and reporting confirmed fraud directly to Visa. The service also manages the authorization layer for clients through a single API connection.
The players
Reap
Founded in Hong Kong, this financial technology company provides infrastructure for cross-border payments and now offers managed fraud detection services.
Visa
This multinational financial services corporation processes electronic funds transfers globally and acts as the primary recipient for fraud reporting through the new Sentry service.
The details
The platform automates the entire lifecycle of fraud management, including chargeback processing and real-time screening of transactions. Reap, which was founded in Hong Kong and employs 300 people, handles these processes on its own proprietary infrastructure.
Timeline
Global card fraud losses totaled USD $33.41 billion in 2024.
Reap processed billions in stablecoin-funded flows during 2025.
Reap officially launched the Sentry fraud service on September 21, 2026.
Legal Context
The launch of Sentry follows a pattern set by the 2024 global card fraud losses of USD $33.41 billion, as firms increasingly rely on automated infrastructure to combat rising illicit activity. This development reflects the industry-wide move toward integrating real-time fraud mitigation into the core payment authorization layer.
The implementation of real-time screening services like Sentry by card issuers could lead to more efficient transaction monitoring and fewer false-positive declines for customers. Consumers may experience faster resolution times for fraudulent charges as issuers gain access to automated reporting tools.
The takeaway
Automated fraud services allow smaller issuers to compete with larger institutions by providing enterprise-grade security tools via simple API integration. Businesses should prioritize these scalable solutions to stay ahead of increasingly sophisticated global fraud trends.
Further reading
Learn more about evolving security measures in Financial Crime.
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Do you trust companies to handle your financial transaction security without relying on third-party experts?
