Visa International has upgraded its fraud reduction system, saying the features it added could save $25 million in fraud losses for one year.

Risk Identification Service, which is designed to cut merchant fraud, has been "redesigned, updated, and made a lot more convenient for users to get information from," said Allan Trosclair, vice president of fraud control for Visa U.S.A.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.