Chase Paymentech Launches Tool to Combat Online Fraud
Company: Chase Paymentech, a merchant acquirer and payment processor
Product/Service: Safetech Fraud and Security Solutions, a tool to help retailers protect against online fraud and data breaches at point of sale
What it Does: Retains legitimate sales while preventing fraudulent transactions by providing applications such as multilayer device fingerprinting, proxy piercing, dynamic order linking, dynamic risk scoring, custom rules management and auto-decisioning. Safetech Fraud tools can be used regardless of currency and payment method, simplifying the cost and complexity of merchants' global fraud management initiatives.