Fraud Detection Pro

Fraud Detection Pro from Checkout.com Strike the balance between fighting fraud, maximizing acceptance rates and reducing friction for legitimate customers with an evolving set of fraud protection tools and processes. Get the best of both worlds – a hybrid of machine learning and advanced rules protects your business against payments fraud.

Not all machine learning models are equal, especially when it comes to payments fraud. Our ML works automatically across complex data sets to identify emerging and new fraud attacks with ease.

Billions of hard and soft data points across the global Checkout.com merchant network and payment platform are leveraged to detect malicious patterns and behaviours. In our database, we have over 950 million unique credit and debit cards.

You can also customize settings for how transactions are routed based on your own defined thresholds.

Product launched Oct 2022 Build your own risk strategy with full rule capability (including custom rules, advanced properties, and behavioural scoring), customizable machine learning settings, and approve and decline lists.

Route transactions for 3DS (including your challenge preference) and for manual review for additional verification.

Scenario A gaming merchant is selling in the US and Europe, which have different fraud patterns and 3DS adoption. Also, a state in the US cannot be sold into as it’s a prohibited state for gaming.

Response Use client location to segment and apply different rule sets that route to different outcomes.

Safely experiment with new rules and strategies with shadow mode testing. All experiments are run silently to understand potential impact without affecting live traffic.

“Fraud Detection Pro’s machine learning and flexible rules allow us to quickly respond to attacks and find the right balance between lowering fraud and maximizing acceptance rates. It’s extremely easy to use. Shadow mode testing allows us to safely experiment with new strategies without impacting customer experience.” Vera Anichkina, Senior Payments Operations Manager, Delivery Hero

https://www.checkout.com/products/fraud-detection