This course provides globally relevant strategies to recognize, prevent, and mitigate online payment fraud, empowering professionals to safeguard digital transactions in an evolving e-commerce landscape. While illustrative statistics and examples are drawn from regions such as the United States and Latin America, the fraud patterns and prevention strategies discussed are applicable to e-commerce operations worldwide. Participants will explore international best practices alongside targeted regional case studies, gaining a well-rounded understanding of the global fraud environment.
You will gain in-depth knowledge of:
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The nature and significant financial impact of Card-Not-Present (CNP) fraud across global markets.
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Common vulnerabilities faced by Payment Service Providers (PSPs) and merchants worldwide.
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Key factors escalating CNP fraud, including the accessibility of compromised data and the use of artificial intelligence in fraudulent activities.
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Effective countermeasures for Account Takeover (ATO) and “friendly fraud” (chargebacks), such as Multi-Factor Authentication (MFA), biometrics, and proactive customer communication.
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Strategies to detect and prevent Synthetic Identity Fraud through advanced identity verification, optical character recognition (OCR) technology, and Enhanced Due Diligence (EDD).
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Practical approaches to fraud prevention, including internal alert systems, data capture best practices, and device fingerprinting.
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Best practices for dispute resolution to minimize losses and preserve customer relationships.
By the end of this course, you will be equipped to design and maintain a robust fraud prevention framework that adapts to evolving threats, reduces exposure to financial risk, and strengthens the integrity of your e-commerce operations on a global scale.
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AFTER OPENING AN ACCOUNT GO TO THE COURSE HERE: Combat Card-Not-Present Fraud