SaleHoo Senior Member
Posted 12 Jul 11 3:32 pm.Hi everybody !
Posted 14 Jul 11 2:33 am.Hi Sivan,
1. Is anyone familiar with this company, they are saying that eBay,IBM and other big companies are part of their clients. Is that true ?They claim to have clients that include About.com, AT&T, Dupont, Earthlink, eBay, IBM, Lexis Nexis, Lycos, Match.com, Morgan Stanley, Orbitz, Red Hat, Reed Elsevier, Sony, Walgreens, Wal-Mart, Warner Brothers, WebEx and Yahoo! There is no way to confirm if this is true other than by verifying from each of the said clients. But since this is published in their website, I think such companies will clearly object if this claim is not true. :)
2.Can i please get a detailed explanation on the credit card fraud detection process, what makes them so unique ?Online merchants accept credit card payments and they have to deal with fraudsters who steal credit card information to pay for purchases in online stores. Automatic fraud detection is a complicated process because it involves using artificial intelligence through special software solutions. A detailed explanation on the credit card fraud detection process is available here link hidden
3.What's the difference between each service, for example :Info from link hidden
what's the difference between Standard minFraud Service and Premium mini Fraud Service.
The services are similar, the only difference being that the premium outputs the credit card's issuing bank's country, name and phone number. If you typically call the bank to manually verify the cardholder's details, then the premium service would provide the phone number of the bank.From link hidden
On the other hand, if you don't need to call the bank, or if the transactions are automatically screened and processed, the standard service should be sufficient.
minFraud is the proprietary online fraud detection service that combines our GeoIP® technology with other in-house developed order variable checks, such as open proxy detection. The minFraud service can provide all the information obtained during manual verification and additional information in less than one second. Merchants can use the minFraud service to speed up manual order verification, automate order process by using our risk scores, or develop their own customized scoring system with the information that we provide.
4.The rates of the Fraud Detection services ?The rate depends on the number of queries per month - link hidden
5....I will really appreciate to get recommendations for other Fraud Detection services from other companies.I haven’t had the chance to try any so I am not confident to give advice in this line. I will leave this open to other members if they have any to recommend. :)