DATA SHARING

DATA SHARING BUREAUS

Data Sharing Bureaus improve fraud detection with breadth of data aggregating information from multiple companies including velocities and negative lists.

DATA SHARING BUREAUS

ISSUER ALERTS

Issuer Alerts are a form of data sharing between participating issuers and merchants where merchants receive notifications on transactions or disputes that the Issuer is about to process into a chargeback providing the opportunity for merchants to resolve the problem or refund the transaction and prevent a chargeback from occurring.

ISSUER ALERTS

VELOCITY OF USE

Velocity of use counts the number of transaction attempts associated with common data elements, such as a credit card number or address, as a means of looking for suspicious behavior.

VELOCITY OF USE

VELOCITY OF CHANGE

Velocity of change counts the number of changes between data elements on new transactions with previous ones as a means of identifying suspicious behavior.

VELOCITY OF CHANGE