Data Sharing | The Fraud Practice

Home / Fraud Library / Technique Library / Data Sharing

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.

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 …

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 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.