What type of alert can you set for potential fraudulent activity?

The selection of event-driven notification as the correct answer is understood through its role in fraud detection and prevention. This type of alert is triggered by specific actions or events that indicate potential fraudulent behavior, such as unusual transaction amounts, geographic location changes that seem out of the ordinary, or rapid spending patterns that deviate from usual habits.

By utilizing event-driven notifications, cardholders and approving officials can receive real-time alerts that prompt them to investigate a transaction immediately upon its occurrence, ensuring a faster response to suspected fraud. This direct link between detected anomalies and instant alerts is critical in protecting accounts and mitigating losses associated with fraudulent activities.

In contrast, options like a preemptive notification system typically involve broader communications not necessarily tied to specific events, while scheduled reports and automatic email summaries may not provide timely alerts needed to address potential fraud as they are often generated on a routine basis rather than in response to immediate risks.