Web-based merchant clients of Litle & Co., a Lowell, Mass., e-commerce payment provider, may begin to protect themselves against card-not-present fraud through CyberSource Corp.'s Decision Manager online fraud prevention service.
CyberSource, a Mountain View, Calif., unit of Visa Inc., said Decision Manager enables e-commerce merchants to detect fraudulent transactions quickly because it includes comparative data derived from more than 60 billion transactions processed annually by Visa and CyberSource,. The deal was announced March 23.
The service also enables merchants to assess whether a transaction is valid in about two minutes because it correlates for each order the comparative data, insights such as digital fingerprinting of the device initiating the order and validation tests, CyberSource said.
