FIs & the Problem of Authorization Fraud (Fintalk)

Authorization fraud and card testing have significant impacts on financial institutions, their merchants, and even consumers. Prevention tools are available, but can too easily lead to a surge in false declines. So what’s the best way to approach authorization fraud? How is card-testing contributing to the problem? Working together, can FIs and merchants find a solution for detecting, preventing, and eliminating this expensive and exasperating problem?

 

Will Blay
Senior Program Manager at Microsoft

Scott McLaughlin
Vice President of Integrated Payments at Keybank

Harlan Hutson
Director of Strategic Partnerships and Brands for Chargebacks911