2021 MRC Blog Posts
April 15, 2021
Authenticating buyers is a basic component of merchant risk management. With Strong Customer Authentication (SCA) standards now in place in the European market, merchants are expected to make it more of a priority than ever before.
March 22, 2021
The shift toward online shopping during the COVID-19 pandemic has led to a steep increase in package theft. This growth has become a stressor for many individuals during the pandemic and the trend is not likely to decrease without a concerted effort from both merchants and consumers.
February 26, 2021
Since the COVID-19 pandemic hit, attacks against technological and social vulnerabilities have significantly increased and are specifically aimed at employees of financial institutions, webmail-based organizations, and payment providers.
February 12, 2021
From account takeovers to new account fraud to synthetic identities, the vectors of identity-data abuse are becoming all too familiar, yet the manner in which they operate is often misunderstood.
February 02, 2021
A fingerprint is commonly used in anti-fraud payment systems of the card-not-present type. Have you ever wondered why the spinning circle appears when you attempt to pay by card online? User fingerprinting is one of the reasons for this popular feature.
Issuer Decline Response Codes -- Preparing for Network Changes to Effectively Retry and Improve Authorization Processes
January 21, 2021
No one likes declined card transactions -- not online merchants, not consumers, and certainly not issuing banks. There are situations where a decline is a good thing: a compromised card or a customer without available funds, but otherwise declines do not need to happen.
January 04, 2021
Synthetic identity fraud is currently one of the fastest growing types of financial crime in the United States. Its victims are primarily children and the elderly, whose credit is damaged when their Social Security numbers are stolen to create synthetic identities.