• Such software evaluates many parameters associated with each credit-card transaction, including specific details of the items being purchased (derived from their bar codes), to evaluate the likelihood of foul play in the form of a numerical risk score.

    ECONOMIST: Computing

  • If the fraud detection systems deem it as a possible fraud as they compare the above parameters with the historical trends, it flags the transaction appropriately to the manual screening team.

    FORBES: Online fraud takes a new lucrative tack

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