Essentials of Online payment Security and Fraud Prevention

Essential guidance for preventing fraud in the card-not-present (CNP) space This book focuses on the prevention of fraud for the card-not-present transaction. The payment process, fraud schemes, and fraud techniques will all focus on these types of transactions ahead. Reveals the top 45 fraud prevention techniques Uniquely focuses on eCommerce fraud essentials Provides the basic concepts around CNP payments and the ways fraud is perpetrated If you do business online, you know fraud is a part of doing business. Essentials of On-line Payment Security and Fraud Prevention equips you to prevent fraud in the CNP space.

Acknowledgments vii Introduction ix 1 Understanding Online Payment Options 1 2 Key Concepts for E-Commerce Credit Card Payments 27 3 Fraud Basics for Companies Doing Business Online 56 4 Fraud Management Key Concepts 101 5 Fraud Prevention Techniques: Identity Proofing 127 6 Fraud Prevention Techniques: Guaranteed Payments 175 7 Fraud Prevention Techniques: Fraud Scoring 183 8 Fraud Prevention Techniques: Operational Management (Enterprise) 190 9 Fraud Prevention Techniques: Analytics 231 10 Fraud Prevention Techniques: Data Quality 238 11 Fraud Prevention Techniques: Technology 247 12 Fraud Prevention Techniques: Data Sharing 272 Appendix A: Protecting Yourself from Identity Theft 277 Appendix B: Sample Strategy 281 About the Author 283 Index 285