TMCnet News
PYMNTS Presents a Way to Reduce Online Fraud Loss by 25% with CA TechnologiesFraud has been headline news lately, and too often issuing banks suffer significant loss from fraudsters stealing credit card credentials, including the area of card-not-present fraud. Such losses can cost banks billions of dollars, and while card issuing institutions can never do too much to mitigate the damage caused by such losses, the challenge is often trying to immediately identify and stop fraudulent transactions while maintaining a frictionless shopping experience. CA Technologies (News - Alert) has launched its CA Risk Analytics Network, a card-issuer network that stops card-not-present fraud instantly for network members. PYMNTS.com will host a complimentary Live Digital Discussion to discuss their approach. Joining Karen Webster, CEO of PYMNTS.com, on Thursday, May 25 at 12PM ET will be James Rendell, Vice President of Payment Security Strategy, and Paul Dulany, Vice President of Data Science, both of CA Technologies. The webinar - Stop Fraud Instantly & Reduce CNP Fraud Loss By 25% With A Real-Time Behavioral Analytics Network - will dive deep into the CA Risk Analytics Network, a cloud-based service, which learns from and adapts to fraudulent transaction behavior in an average of five milliseconds, instantly closing the gap for potential fraud using the same card or device across all members of the network. It is the only to use real-time behavior analytics, machine learning and global transaction data to help card issuers reduce fraud losses by an average of 25% or reduce false positives by 35%. For more information and to register for the webinar, click here. This webinar is part of the PYMNTSLive series, which are another exciting way to hear from those who are driving innovation in payments, commerce and retail. Join the conversations to discuss what's inspiring new innovators and incumbents alike, including weekly shows like Data Drivers, Matchmaker, Topic TBD and regularly scheduled Live Digital Discussions. About PYMNTS.com: PYMNTS.com is reinventing the way that companies share relevant information about the initiatives that shape the future of payments and commerce and makes news.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170519005420/en/ |
