Reap Sentry configures and manages fraud controls for clients' card programs, eliminating the need for additional monitoring tools or in-house fraud specialists.
TL;DR
- Reap has launched 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. Sentry combines the fraud policy, tooling, and day-to-day operations required to manage transaction risk effectively.
- Sentry screens 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.
- Controls are tailored to each client's business profile, including its cardholder segments, geographic footprint, and stated risk appetite, and are informed by fraud patterns observed across Reap's entire issuing portfolio.
- Sentry is available to new Reap card issuing clients and to existing clients at contract renewal, on Reap's own API.
What Reap launched: Reap Sentry, a managed card fraud and risk service
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.
Why managed card fraud and risk matters
Payment card fraud losses worldwide totalled USD 33.41 billion in 2024, tied to global card volume of USD 51.920 trillion, according to The Nilson Report. 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.
What Reap Sentry does
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.
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.
How Sentry's fraud controls are set
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.
What Reap covers and what the client retains
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.
Division of responsibility under Reap Sentry
"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."
Availability
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 Sentry page.
Frequently asked questions
What is Reap Sentry?
Reap Sentry is 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.
What does Reap Sentry remove the need for?
Clients do not need to build or license additional fraud-monitoring tools, or hire a dedicated fraud team.
At what point does Sentry stop suspected fraud?
Sentry conducts ongoing screening and declines suspected fraud in real time at authorisation.
Which threats does Sentry update controls for?
Sentry continuously updates controls as new threats emerge, including BIN attacks and merchant breaches.
What does a Sentry client remain responsible for?
Clients retain responsibility for the cardholder relationship and key first-party fraud entry points, including onboarding, identity verification and account access.
How do clients integrate with Sentry?
Clients can integrate with Sentry through a single Reap API.
Who can get Reap Sentry?
Sentry is available to new Reap card issuing clients and to existing clients at contract renewal, on Reap's own API.
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.
