Tuesday, January 18, 2011
According to Visa, enhancements to the processing platform that powers Visa Advanced Authorization increased identification of fraud. A new operating system analyzes more information at once and performs more complex processing functions. A new cross-border model increases fraud detection for transactions occurring outside a cardholder's home country. Visa Advanced Authorization is also better able to detect high-speed fraud – when criminals attempt multiple transactions within a short time period, the company reported.
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