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Online Fraud Scrubbing

Market.com offers over 15 modules and 150 tests for fraud detection, including online screening, 3rd party checks, and manual review including:
 
Online fraud scrubbing: These fraud filters are customized for each account according to industry, business model and statistical analysis from rejected transactions:
 
  • 10 Year Positive/Negative Database: indicates if a customer’s card, email, address or IP has a negative connection.
  • IP Geo-location: checks if there is a conflict between the user country, BIN country, location where card was issued, and the IP address.
  • Purchase History: checks for questionable depositing behavior such as using different credit cards with the same email; different emails with one card; same name details with different billing information; etc.
  • Limits: customized limits are defined to best suit the business model of the merchant. The limits may change with the seniority of the user.
  • Velocity Monitoring: checks for sudden and significant changes in card usage.
 
Manual Review: A technique in which merchants use staff members to perform manual checks on orders to determine which orders are fraudulent.
 
CVV2 (Card Verification Value): Visa term for the three-digit code printed next to the card number in the signature panel and used as part of the authorization process.