Payment processors, payment gateways, money transfer businesses, and alternative payment services are persistently targeted by sophisticated cybercriminals whose efforts are typically automated and orchestrated to defeat even the best layered defense against fraud. The challenge for these businesses is to meet customer demands for fast, reliable, convenient payments or money transfers while at the same time protecting their customers from becoming victims of fraud.
Payment processors and gateways that manage payments for online gaming companies, internet retailers and other web businesses that take payments need to offer fraud protection capabilities that make their services and their customers more competitive. Money transfer businesses need to make sure that the person requesting a money transfer is who they claim to be and authorized to access the funds.
Top ThreatMetrix Benefits
- Bypass hidden proxies to know the true geolocation of the visitor’s device
- Simple, flexible API integration with in-house or third-party fraud detection applications
- Flexible risk engine with customizable risk scoring optimized for web payments
- No personally identifiable information required reduces risk to you and your customers and streamlines web transactions
