The Problem – Will this payment be fraudulent when they click “Submit”? Is it a new purchase by a valued customer, or is it a criminal with a stolen credit card? The decision you make in that transaction moment can have a major effect on your business.
The world is changing. Online shopping is a new holiday tradition and we book airline travel, deposit checks and pay bills from our phones. But one thing remains constant – where there is financial gain, there is the possibility for fraud.
E-commerce sites, financial institutions and other businesses needs a way to securely handle the growing number of Card Not Present (CNP) purchases, payment processes (EFT, Wallet) and other online transactions.
The TrustDefender™ Cybercrime Protection Platform lets you implement fraud prevention and security strategies that fit your business, protect your applications and increase customer confidence. With our on-demand software model, you can deploy fast, efficient and comprehensive transaction fraud protection – no matter how your customers connect.
The Solution – Detect cross channel payment fraud
Payment fraud is conducted via stolen credit cards, compromised online banking accounts and web and browser-based malware. To prevent payment fraud from damaging your business you must be able to:
- Tap into a global network of millions of historic payments and transactions, and find known malicious devices and IP addresses
- Leverage sophisticated analytics to scrutinize every payment
- Detect Man-in-the-Middle or Man-in-the-Browser malware hijacking the transaction from a legitimate customer’s device
- Find behavioral and device mismatches behind stolen credit cards, such as a mismatched location or one device with many credit cards
- Build fraud prevention into your mobile application for secure mobile transactions
TrustDefender Cybercrime Protection Platform is the leading payment fraud prevention solution that can reduce fraud losses and chargebacks while minimizing manual reviews. ThreatMetrix delivers comprehensive solutions built on innovative foundational technologies.
- Global Trust Intelligence Network
- Persona identification
- Complex cookieless device identification
- Clientless Man-in-the-Browser detection
- Proxy and VPN detection
- Secure browsing
- Mobile device identification
Click Here – Learn all about ThreatMetrix’s patented technologies and how they can help you prevent payment fraud.