credit card fraud protection

December 28, 2009

The Next Generation Of Online Fraud Protection

Brandi Cummings asked:


Today’s online world is one fraught with danger. At every turn internet users are faced with phishers, hackers, fraud and the threat of identity theft. This creates an atmosphere where users are not comfortable purchasing things online and merchants are being taken advantage of on a regular basis.

The Cybersource 8th Annual Online Fraud Report estimates that over $3 billion in online revenues was lost due to online fraud. The Internet Crime Complaint Center or IC3, which is a partnership of the FBI and the National White Collar Crime Center, stated in its annual report that there was $198.44 million lost by consumers in the fraud cases that they referred to law enforcement agencies in 2006. The average loss per complaint was just over $2500.00. Both buyers and sellers lose when online businesses are vulnerable to ill intentioned web users.

There are generally 2 types of fraudulent orders that are placed online. First there is an order that is being placed merely to check the validity of the stolen credit card information. A criminal will go to a website where he knows that the credit card is going to be billed immediately for products and services. They will place an order for something that is usually about $100.00 or less. Once the order goes through and the credit card is successfully billed, they know the stolen information is valid. Then they are free to place the second kind of order where they are actually looking to receive the products that they purchase with the stolen credit card information.

Currently, some of the most popular online fraud protection solutions include address verification, card verification number (CVC2, CVV2, CID depending on the card issuer), and IP geolocation. The downside to these solutions is that the address and card verification number can both be stolen along with the credit card number and IP addresses can be masked. 81% of online merchants also use manual order verification. Besides the increased costs associated with the extra time and staff that it takes to manually review the orders, it also slows down the order process and extends delivery times.

Traditional solutions allow the fraudulent order to be placed and then attempt to weed them out afterwards. The next generation of automated online fraud protection solutions deter the perpetrator from placing the fraudulent order in the first place. Taking the crook completely out of the equation allows online merchants to focus resources on fulfilling genuine orders and servicing current customers.

One of these next generation fraud protection solutions that is gaining popularity among online merchants is televerification. Televerification works like this: When the customer goes to place an order, they are asked for their telephone number. An automated telephone call is then placed to the customer and they are given a unique security code, either through automated message or SMS. They then enter that unique code into the appropriate place on the web site in order to proceed with their business. The process is quick and easy, yet the protection it affords businesses and their customers is extremely effective.

Requiring the confirmation of a workable, traceable telephone number lessens the attractiveness of that particular online business to ill intentioned users. Criminals are leery about providing a legitimate phone number that can be traced back to them. The benefits that are inherent to implementing any automated fraud protection solution for online merchants still apply: reduced chargeback costs, reduced manual verification costs and increased user confidence. The difference with televerification is that instead of catching the fraudulent order after it has come in, it stops them at the door.

An additional benefit of televerification is the ease of which it can be integrated into an online merchant’s existing website. All it takes is adding a few lines of code to an existing site that will allow it to interact with a televerification provider’s server. Most applications can be up and running within hours, not days or weeks like some solutions.

With eCommerce growing 20% or more each year, fraud protection for merchants and customers becomes an ever increasingly vital issue for the entire online community. Billions of dollars are lost every year due to criminals taking advantage of the anonymity that the Internet offers. Previously, online merchants could only try to weed the fraudulent orders out from the good ones as they came in. The next generation of fraud protection allows online merchants the opportunity to stop the fraudulent orders from ever being placed.



Sue

December 26, 2009

Is this whole mess in Iraq Reagans fault?

don c asked:


Ronald Reagan Guilty of Treason & War Crimes

As the mass media engaged in an orgy of adulation for Ronald Reagan in June of 2004, many thinking persons were remembering and mourning the deaths of the hundreds of thousands of victims of Ronald Reagan’s policies and pondering the lasting damage that the man did not only to the United States but to the world.

During Reagan’s reign the United States experienced the beginning of the end of what could have been a great nation. Under Reagan, elements within the government engaged in massive criminal activity that resulted in the deaths of hundreds of thousands of people and the entrenchment of a vicious and evil criminal organization that is now firmly in power of not only the United States but much of the world.

Reagan’s crimes are many and started well before he was President when he and Bush paid the Iranian’s to not release the hostages in order to prevent the re-election of Jimmy Carter in 1980, not mention his reign of stupidity as Governor of California. The hostages were released as promised as Reagan was sworn into office. Reagan then secretly sold chemical & biological weapons to Iraq and told CIA buddy Saddam Hussein to step up bombing of Iran while still selling weapons to Iran in a war that claimed an estimated one million victims. The criminal activities in the Mid East stretched around the world to Central America in the spectacle that came to be known as Iran-Contra.

In Afghanistan, Reagan was busy funding Ossama bin Laden and a terrorist army to displace the Russians. Once the mighty ‘Muhjadeen’ had completed their task they were partially abandoned and became the Taliban and Al Queda. With no real replacement intended for the Russian backed government, the radical muslims quickly took power. Only later did the army without a war become the enemy so desperately needed by the US defense industry.

In Central America, Reagan-Bush ran a massive criminal operation that imported hundreds of tons of cocaine into the US and shipped arms illegally to the terrorist Contras that Reagan affectionately called “Freedom Fighters”. Coca paste was brought in from South America by plane to an airstrip near Puntarenas, Costa Rica owned by Reagan/Bush supporter Julio Calleja and processed on the ranch of CIA operative John Hull. From there the high-grade coke was shipped by plane to the Mina, Arkansas Airport under the protection of Bill Clinton and to various Air Force bases..

Under direct US control, Reagan’s ‘Freedom Fighters’ raped, tortured and murdered tens of thousands of innocent civilians in Nicaragua in an effort to bring down Nicaragua’s first democratically elected government. The US had previously ruled Nicaragua through the brutal Somoza family dicatorship, once the dictatorship was overthrown by a popular revolution the US was quick to start an illegal campaign of terror against the government and civilians. The campaign of terror claimed 50,000 lives and crippled the entire nation.

Nicaragua took its case to the World Court. The court found that the U.S. actions constituted “an unlawful use of force …. [that] cannot be justified either by collective self-defence … nor by any right of the United States to take counter-measures involving the use of force.” The court ordered the United States to pay reparations, estimated at between $12 billion and $17 billion, to Nicaragua. Two weeks after the verdict was issued, the U.S. Congress voted to give the Contras $100 million to continue their war of terror against the people of Nicaragua. The US has never recognized the World Court’s ruling or paid any of the compensation owed to Nicaragua.

“The ripple effects of that criminal murderous intervention in my country will go on for 50 years or more.” Fr. D’Escoto, Priest and former Nicaraguan Foreign Minister

Reagan’s blood-fest wasn’t limited to Nicaragua, his puppet military dictators abducted, tortured, murdered and mutilated close to 200,000 civilians in Guatemala, El Salvador and Honduras in the name of ‘democracy’ and fighting communism. Nor was the slaughter done only through the US controlled dictators. In operations that are still highly classified, US AC-130 gunships, crewed by US personnel, flew at night over mountainous areas with potential rebels and killed anything that gave off body-heat. The AC-130 is a highly sophisticated computerized killing machine that “incorporate side-firing weapons integrated with sophisticated sensor, navigation and fire control systems to provide surgical firepower or area saturation during extended loiter periods, at night and in adverse weather. The sensor suite consists of a television sensor, infrared sensor and radar.” – US Air Force

In 1999 the United Nations determined that the wholesale slaughter of Guatemalans, constituted “genocide.” It was a genocide ordered and managed by the White House under Reagan.

For their part in Iran-Contra fourteen high level government officials were charged, yet few of them were convicted and received any real penalty. Bush pardoned six of the conspirators. Some of those involved in the Iran-Contra crimes are now back in power under the current Bush administration.

Despite some environmental concessions to voters while Governor of California, Reagan’s real views on the environment became clear during his Presidential campaign when he claimed that trees caused more air pollution than cars. During his criminal reign of terror he systematically dismantled environmental protection laws and rolled back decades of hard-won progress to protect the Earth and the health of its inhabitants.

To help ensure the rape of the land he appointed lunatic James Watt as Secretary of the Interior who claimed “We don’t have to protect the environment, the Second Coming [of Christ] is at hand.” It wasn’t until Watt was trying to defend his decision to give away more than 1 billion tons of coal from federal lands in Wyoming that he was finally acknowledged for what he was. His defense for the coal giveway was that he was immune to criticism because members of his coal-advisory panel included “a black … a woman, two Jews, and a cripple.” This comment got finally him fired in 1983.

His appointee for the EPA was the environment molester Anne Gorsuch who tried her best to gut the hard-won Clean Air and Clean Water Acts. Gorsuch’s Superfund Director, Rita Lavelle, was jailed for lying to Congress under oath about the corruption in her division. Gorsuch was fired in 1983 when documents exposed by Congress revealed the corruption and crimes committed by the EPA under her direction.

Much of the activity of the Reagan years can be explained by the fact that Ronnie and Nancy were devout supporters of satanists. So devout that they insisted the head of the satanic Temple of Set, Colonel Michael Aquino, visit the White House wearing his satanic high-priest robe. With Reagan’s support Aquino was able to get satanism recognized as a protected religious belief in the military. Aquino was investigated by the military as well as the San Francisco Police Dept. when children identified him as head of a “Devil Worship Club” that ritually molested, murdered and cannibalized children. The court document notes that several members of the Army thought there was probable cause to “Title” Aquino with offenses of indecent acts with a child, sodomy, conspiracy, kidnapping, and false swearing – but the case was dismissed under pressure from the highest levels.

Daughter Maureen Reagan was close to Larry King, head of the failed Franklin Community Credit Union, Republican darling and leader of a child abduction, pornography and prostitution ring. Larry King was well known in the 1980′s for his lavish parties attended by Republican power-elite. Less well known was the fact that some of his events came with party favors of child sex-slaves. King was involved with the satanic CIA child abduction and mind control program that kidnapped Johnny Gosch while he was delivering newspapers.

The June 29, 1989 Washington Times ran an article under the headlines of “Homosexual Prostitution Probe Ensnares Official of Bush, Reagan,” with the kicker “Call Boys Took Midnight Tour of White House.” The article said that “A homosexual prostitution ring is under investigation by federal and District authorities and includes among its clients key officials of the Reagan and Bush administrations, military officers, congressional aides and U.S. and foreign businessmen with close ties to Washington’s political elite.”

When the FBI and Omaha police refused to investigate allegations against King, the Nebraska State Legislature conducted an investigation that uncovered a satanic criminal trail that led to the what longtime CIA Director William Colby called “the highest levels.” Fifteen of the people involved in the investigation died under mysterious circumstance, included William Colby – who was acting as a consultant to the investigation. King was ultimately convicted of fraud for his part in the theft of over $40 million from the credit union and served five years in prison but was never convicted of his more heinous offences.

The Republican party kept King in its innermost circle even after his indictment. He sang the Star Spangled Banner at the Republican National Convention in 1988 while under investigation. It wasn’t until his arrest that the Republican party finally turned its back on him.

In 1998 & 1999, a U.S. District Court in Lincoln, Nebraska, heard testimony in the case of Paul A. Bonacci v. Lawrence E. King in which Bonacci charged that he had been ritualistically abused by the defendant, as part of a nationwide pedophile ring liked to powerful political figures in Washington and to elements of the U.S. military and intelligence establishment. Judge Warren K. Urbom ordered King, in Federal prison at the time, to pay $1 million in damages to Bonacci, in what Bonacci’s attorney John DeCamp said was a clear signal that “the evidence presented was credible.”

America’s worst financial disaster since the Great Depression occured under Reagan with the collapse of the Savings & Loan system. Nearly $500 billion was looted from thousands of Savings & Loans by a criminal ring that included the Mafia, CIA and the Bush family. Neil Bush was involved in the collapse of Silverado Savings & Loan but never served any jail time. By the time the Federal government and elite is done milking the scam further, US taxpayers will have paid well over a trillion dollars.

The full extent of Reagan’s crimes may never be known because George W. Bush issued an executive order which countermands the 1978 Presidential Records Act and prevents the release of 68,000 pages of Reagan era documents. Given that Reagan lacked the intelligence to carry out some of the more elaborate crimes, the records are likely to shed light on the true role of the Bush crime family.

Let us remember Reagan as he really was…

Liar
Thief
Mass murderer
War criminal
Traitor
Destroyer of freedom
Destroyer of the environment
Corporate whore
Supporter of satanists and child murderers
Idiot, moron

Francisco

December 24, 2009

E-Business Revenue Earnings Boosted After Credit Card Fraud Protection

smith asked:


Alexius Larpinuere is an owner of a Canadian e-business that specializes in selling gifts online. The business shifts in high gear during Christmas, and other gift giving days. The company earns most of its revenue during these times, and loses a part of it to payment fraud.

The revenue loss because of credit card fraud had become a part & parcel of his business for a number of years now, and Alexius had begun to accept it since he was clueless on how to prevent it, this attitude had emboldened the people that targeted his website, and year after year the level of fraud increased.

Alexius was indifferent to the issue of fraud, because the business also had rapidly increased over the years. But the things however were different now, because the downturn has affected many enterprises and his business too was now in the midst of it, the issue of fraud was no longer a back burner any more.

Alexius was quick to realize that credit card fraud protection was his primary task now, and if something notable had to be done about it, he had to take that initiative rather than rely on payment gateways for credit card fraud prevention. The new beginning would start with hiring specialist that could render pre-screening of payment instruments before the payment gateways processed them, fraud at that stage was required to be prevented.

The objective was clear, and the task entrusted to a company that partners with merchant websites rendering fraud prevention services. The screening service used 600+ parameters to authenticate the genuineness of a credit card, and instantly generates an alert in case of fraud. The screening process takes very little time and without the customer being aware of it.

Alexius was able to benefit from the company’s fraud prevention services, because it was targeted by a syndicated gang whose origins were located in Nigeria, the Geo location feature that the screening company used was able to identify the masked proxy and in the process the transactions that originated from that region were blocked and fraud prevented.

The screening company also used device identification tool that virtually fingerprints devices used for transactions and in time can generate an alert used by syndicated gangs for committing fraud on different merchant websites.



Leonard

December 19, 2009

Apply Online | Pittsburgh Steelers Credit Card

College Credit Builder asked:


The Pittsburgh Steelers official team logo is now being proudly displayed on the NFL Extra Points™ Platinum Plus® Visa® Credit Card from Bank of America.  (www.steelerscreditcard.com).   This rewards credit card has proven to be a touchdown with fans across the country and has made huge strides in the rewards credit card industry.  Like many retailers, universities and airlines have done for decades, NFL football teams, in association with Bank of America, now offer credit card consumers valuable rewards above and beyond the cool factor of having their favorite team printed on their credit cards.  These football-oriented credit cards are scoring big with sports fans in every state.

The NFL Extra Points™ Platinum Plus® Visa®™ Credit Card from Bank of America has important features, which include:

•           No Annual Fee.

•           0% Introductory Annual Percentage Rate (APR) on balance transfers and cash advance checks for your first 12 billing cycles.

•           A $50 NFLshop.com gift card after your first qualifying transaction(s) using your NFL Extra Points™ Visa® Credit Card.

•           100% fraud protection

•           Earn 1 Point for every dollar you spend in net retail purchases. Points are redeemable for NFL merchandise, tickets, and VIP passes to NFL experiences.

•           Online account access and Points management.

At a time when consumers are nervous about the uncertainty in the stock market, illiquidity in the credit market and the softening real estate market, one thing remains constant – sports fans love NFL football.  Historically, football has given its fans something to believe in and something to hope for, particularly during difficult economic times.   With the NFL Extra Points™ Platinum Plus® Visa®™ credit card, Steelers fans can be reminded of their favorite team every time they open their wallets.  Real fans carry the card with pride.  Visit www.steelerscreditcard.com to complete the credit card application online in just a few short minutes.

http://www.articlesbase.com/football-articles/pittsburgh-steelers-credit-card-nfl-extra-points-platinum-plus-visa-618464.html



Ashley

December 17, 2009

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