Tag Archives: Card Not Present Fraud

Fico to release new CNP fraud fighting modules

By | October 3, 2017

Silicon Valley analytic software firm FICO today announced that its new Falcon consortium models for payment card fraud detection include machine learning innovations that improve card-not-present (CNP) fraud detection by 30% without increasing the false positive rate, a standard metric for fraud model performance. These new Falcon consortium models for both credit and debit cards will be available… Read More »

PYMNTS Presents a Way to Reduce Online Fraud Loss by 25% with CA Technologies

By | May 19, 2017

BOSTON–(BUSINESS WIRE)–Fraud has been headline news lately, and too often issuing banks suffer significant loss from fraudsters stealing credit card credentials, including the area of card-not-present fraud. Such losses can cost banks billions of dollars, and while card issuing institutions can never do too much to mitigate the damage caused by such losses, the challenge is often trying… Read More »

CNP Fraud Around The World

By | March 27, 2017

Publication Date: March 2017 Download the white paper With card-not-present (CNP) fraud rates rising, many countries have deployed various fraud prevention tools to help curb fraud in the online and mobile channels. This U.S. Payments Forum CNP Fraud Working Committee white paper reviews experiences from countries around the world to assist the U.S. payments industry in mitigating CNP… Read More »