Techniques used in online card-not-present fraud are becoming more and more sophisticated. Traditional fraud screening tools can only determine if a credit card is legitimate or if the user-entered account information matches those on record. Today, fraudsters can obtain personal credit card information, pose as the legitimate card holder, and bypass standard fraud checks.
MaxMind however will examine an online transaction from various angles. Their tools are not geared towards verifying the authenticity of the credit card details used for the purchase, but rather, identifying if the purchaser is the legitimate card holder. Through analysis, they are able to identify traits and patterns that are associated with fraudulent orders.
- Geographical IP address location checking
- High risk IP address and e-mail checking
- Order Risk Scoring based on 22 individual values
- Optional Telephone Verification for Orders over a certain threshold