Models used for risk- and behavior-based authentication of eCommerce transactions can reduce losses
The 3D-Secure channel presents many opportunities for issuers. With the significant increase in eCommerce fraud, combined with the liability shift, 3D-Secure authentication provides a first line of defense for issuers. However, it is important to utilize that first line of defense wisely and to the best advantage.
CA Risk Analytics provides the opportunity to examine eCommerce transactions during authentication using unique information not available to authorization fraud detection systems, and to thereby prevent an illegitimate transaction.