MRC Online Courses

Advanced Tactics for Transaction Optimization

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The Advanced Tactics for Transaction Optimization course is a self-paced, intermediate program designed for payment professionals seeking to deepen their expertise in optimizing transaction processes within the eCommerce sphere. The Advanced Tactics for Transaction Optimization in eCommerce course is designed to provide eCommerce merchants with practical insights and strategies to enhance transaction efficiency, security, and success.

 

MRC Members: USD $75 (plus applicable taxes)
Non-members: USD $150 (plus applicable taxes)

 


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This specialized course will focus on specific transaction optimization tactics, such as real-time account updater, dynamic retry, tokenization, account updater, MID/MCC switching, alternate routing, and removing optional data from the authorization message. Participants will gain an in-depth understanding of these tactics and learn how to implement them effectively to optimize their eCommerce transactions.


FAQs

    • Fraud Analysts seeking advanced tools to detect and counter sophisticated AI-driven fraud schemes.
    • Cybersecurity Specialists aiming to enhance systems to defend against emerging AI-powered threats.
    • Payment Professionals interested in safeguarding payment systems and leveraging AI for fraud prevention.
    • Business Leaders looking to understand the operational, financial, and reputational risks associated with AI-driven fraud.
    • Fraud Analysts seeking advanced tools to detect and counter sophisticated AI-driven fraud schemes.
    • Cybersecurity Specialists aiming to enhance systems to defend against emerging AI-powered threats.
    • Payment Professionals interested in safeguarding payment systems and leveraging AI for fraud prevention.
    • Business Leaders looking to understand the operational, financial, and reputational risks associated with AI-driven fraud.
    • Program Level: Intermediate
    • Program Field of Study: Specialized Knowledge
    • Program Delivery Method: QAS Self-Study
    • CPE Credits: 1.2
    • Advanced Preparation and/or Pre-requisites:  Fraud Essentials is recommended.



    • Program Level: Intermediate
    • Program Field of Study: Specialized Knowledge
    • Program Delivery Method: QAS Self-Study
    • CPE Credits: 1.2
    • Advanced Preparation and/or Pre-requisites:  Fraud Essentials is recommended.



    • Understand the role of Artificial Intelligence (AI) and Machine Learning (ML) in modern fraud detection systems.
    • Identify how fraudsters exploit AI technology.
    • Identify the types of AI-driven fraud attacks.
    • Analyze how AI technologies, such as deepfakes and synthetic identity creation, are exploited to carry out advanced fraud schemes.
    • Understand key AI techniques used in fraud.
    • Analyze how adversarial attacks are used to exploit systems and individuals, and identify methods to counter these tactics.
    • Understand the role of AI in modern fraud detection systems.
    • Evaluate robust prevention strategies. Understand the evolving landscape of AI-driven fraud.
    • Develop proactive strategies to prepare for future threats.

    Please allow 2-3 hours to complete this course. The course culminates with a comprehensive final assessment to evaluate the user's comprehension of the material. Upon successfully completing the final assessment, participants will be awarded a certificate of completion representing their proficiency in the subject matter.


    • Understand the role of Artificial Intelligence (AI) and Machine Learning (ML) in modern fraud detection systems.
    • Identify how fraudsters exploit AI technology.
    • Identify the types of AI-driven fraud attacks.
    • Analyze how AI technologies, such as deepfakes and synthetic identity creation, are exploited to carry out advanced fraud schemes.
    • Understand key AI techniques used in fraud.
    • Analyze how adversarial attacks are used to exploit systems and individuals, and identify methods to counter these tactics.
    • Understand the role of AI in modern fraud detection systems.
    • Evaluate robust prevention strategies. Understand the evolving landscape of AI-driven fraud.
    • Develop proactive strategies to prepare for future threats.

    Please allow 2-3 hours to complete this course. The course culminates with a comprehensive final assessment to evaluate the user's comprehension of the material. Upon successfully completing the final assessment, participants will be awarded a certificate of completion representing their proficiency in the subject matter.


    • MRC Members: USD $75 (plus applicable taxes)
    • Non-members: USD $150 (plus applicable taxes)

MRC Education Accreditation

The Merchant Risk Council is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: nasbaregistry.org

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MRC Education Refund Policy

MRC Education eLearning course refunds and cancellations are determined on a case-by-case basis. Cancellations and requests for refunds must be communicated in writing to programs@merchantriskcouncil.org. Refunds will not be issued once a course is started. Additionally, courses must be completed within one year of the course enrollment date.