The Real Deal: The Challenge of Validating Identities in a New Reality – A CNP Expo Session Spotlight
April 13, 2015
One of the key steps in fraud prevention is verifying that the person placing the order is also the cardholder. The mountains of consumer information available in the wake of a growing number of data breaches has made it even more difficult for a CNP merchant to feel confident that customers are who they say they are. Additionally, many legitimate orders can appear risky, with different shipping address or other information that may not always be easy to verify otherwise. Merchants that are not able to streamline this process could be at risk of declining good orders, while also approving orders than will result in fraud chargebacks. But as fraudsters mature, so do the systems available to assist merchants in the process, speeding up the verification process and therefore improving the overall customer experience.
An in-depth panel discussion at the CNP Expo this May will detail the best technologies for authenticating customers efficiently and accurately, instilling more confidence in approve/decline decisions. Attendees at the session will learn from IDchecker, LexisNexis, Emailage and Whitepages Pro about the challenge of validating identities in a new reality and how technology can help you overcome that challenge.
Join this session and many more at the 2015 CNP Expo, May 18-21 in Orlando, Fla., where you will get 40 hours of professional training directly benefitting your business. Click here to register .