MasterCard Worldwide plans to offer a new tool to help merchants mitigate the risk of fraud in online transactions.
MasterCard's Expert Monitoring Fraud Scoring for Merchants provides businesses with an immediate predictive fraud score for card-not-present purchases to measure the likelihood that a transaction is fraudulent, the company announced March 28. This is done through fraud-detection models designed specifically for online merchants.
The service will be available beginning in May.
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