Custom Modeling &Analytics for CNP Fraud Management

Custom Models Modeling Analytics for CNP Fraud Management course
Provides the essential information to help organizations Understand the concepts, terms and definitions related to the use of custom statistical models and in the context of fraud risk management, including types of models, the required components of a custom modeling solution, factors that dictate modeling performance and success, and discussing vendors that offer varying levels of custom modeling components and services.

The following is an intermediate to advanced level course and requires some knowledge or training on the subject matter to understand the course material. It is recommended that students have already completed the eCommerce Fraud: Moving from Tools to Solutions and Overview of Fraud Prevention Techniques courses.

NEW COURSE Launched June, 2017. Offered in HTML5 and compatible with all mobile devices.

  • Course synopsis. Provides an in-depth discussion on what custom modeling is while defining the many related terms and concepts pertaining to its use for fraud and risk management. Custom modeling is discussed in the context of how it fits into a fraud solution, what types of organizations use custom modeling and how they use it, and the required components for a custom modeling solution are defined and discussed. Implementing custom modeling for risk management is presented in the context of three different implementations (Buy, Build and Hybrid approaches), while several major custom modeling service providers and types or levels of modeling services are detailed.
  • what can you expect to get out of this course? After completing this course students should expect to be able to discuss answer question topics such as: (1) What is custom modeling and analytics, and how does it fit into the context an overall risk management strategy and fraud solution? (2) What is the difference between custom modeling, fraud scoring and rules engines? (3) What are the components that are required to support a custom modeling solution, and what are some of the factors that can influence success? (4) What are the different types or forms of statistical models that are used for fraud and risk management? (5) Who are the different third party vendors offering custom modeling services for fraud and risk management, and what components does each provide?
  • Training Objectives: (1) Define the terms and have a strong understanding of the concepts related to the use of custom statistical modeling for fraud and risk management. (2) Be able to discuss several types of statistical models, the four required components of a custom modeling solution and factors that can influence performance. (3) Be able to apply knowledge about prerequisites and considerations for being able to successfully support custom modeling within your organization. (4) Know and be able to discuss third party custom modeling vendors and what aspects or components of custom modeling they can provide.
  • Expected time to complete the course: 150 minutes (includes session tests and final exam) .
  • Pricing & Online enrolment. Take this course online for only $400 by enrolling now.Enroll Now Registration Button
  • we want 100% customer satisfaction. There is nothing worse than signing up for training only to find out that it wasn't on the topic you expected, or it wasn't advanced enough to provide value. If you have any doubt about the fit of a course to your particular needs, please give us a call. We will be happy to discuss the course, and to provide a more detailed overview on the content to ensure you make the most of your training dollars and time.
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did you

why should you consider becoming a certified ecommerce executive?

Fraud is a part of doing business, but if you are doing business online, or via the telephone, the risk for fraud is exponentially higher; and stopping it is exponentially more difficult. Regardless if you are a small business owner with a staff that consists of yourself; or a senior executive for a large corporation with a dedicated staff to manage fraud; you need to understand how online payments work and the fraud exposure and risk your company will have to manage to maintain strong profits.

Doing business online today means you need to be prepared to navigate the eCommerce fraud landscape. The eCommerce fraud landscape can be difficult if you don’t have a good understanding of the underlying terminology, lingo and technology that is available. The eCommerce channel is still relatively young, and everyone from your peers to solution providers, from associations to the media will be trying to tell you they know how to prevent fraud in your business better than you do. The reality is, what you hear will typically only represent partial pictures. For example, most merchants just starting to do business online believe they will be protected from fraud by the tools offered from the card associations. The reality is, while these tools provide some protection they will not be enough to prevent fraud from occurring.

read more

The Fraud Practice


program overview

      • SCORM compliant
      • Available 24x7
      • Practice quizzes, progress tracking
      • Final Exams
      • Certificates of completion
      • Fast reliable online presentation
      • Easy to use and understand
        • Courses are broken down into 10 to 20 minute lessons to make it easier to find the time to complete the lessons with a busy schedule



  • Read Moreintroduction to eidentity authentication and verification.

    Establishes a baseline understanding of the components that make up a consumer identity when transacting or making application from an online or telephone channel.

  • Read Moreecommerce buyer fraud signals.

    Outlines many different signals that high risk buyers may show looking at factors such as their account activity, profile data, behaviour and other signals that can be seen when using different anti-fraud tools.

  • Read Moreecommerce fraud: moving from tools to solutions.

    This session covers what constitutes a fraud solution and categorizes the many types of third party fraud tools. The course outlines the common terminology of fraud solutions and describes the capabilities needed to implement a fraud solution.

  • Account Takeover ATO RiskRead MoreUnderstanding & Mitigating Account Takeover Risk.

    Provides the information to help organizations understand account takeover risk and their ATO risk exposure including by the discussing the policies, procedures and third party tools that can be used to recognize account takeover fraud.

  • Read Morefundamentals for understanding geolocation & device identification.

    Covers the use cases and methods for integrating and making use of geolocation data and device identification in a fraud strategy.

  • Read Moreoverview of ecommerce fraud prevention techniques.

    A core curriculum course providing an introduction to 30 plus fraud prevention techniques; what they are, high level discussion on how to employ them and big picture considerations for using them.