MAG mid-year conference

Join us as we present a dynamic line up of speakers who will focus on the latest payment-industry topics as well as share insight and an outlook on the future of payments.  To maximize engagement throughout the events, we will also be offering unique networking opportunities for conference attendees to participate in. We look forward to you seeing you virtually in February!

Learn more about the event and agenda

Speaking session

23 February | 2:30 PM CST

Tackling the new frontier in fraud – Consumer abuse

The primary goal for any risk analyst is to prevent fraudulent transactions from being fulfilled. Thankfully, with the help of machine learning and a global network of transaction intelligence to lean on, it’s actually pretty easy for analysts to determine which orders are unauthorized (or were paid for using stolen credentials) and should be declined.

Where the waters get murky is when the person trying to score a discount or swindle free product is actually the legitimate cardholder him / herself. This phenomenon of consumer abuse has long been treated as a cost of doing business, primarily because it’s far more difficult than fraud to detect in the card-not-present world. But with custom policy management from Signifyd’s Decision Center, risk analysts can leverage the same data points – like device information, email data and network intelligence – Signifyd’s fraud detection models have relied on for years to finally put an end to consumer abuse.