Risk Management Services
Visa is committed to providing the most secure electronic transactions to protect cardholder information, combat fraud and maintain Visa’s trusted brand.
Invested in Security
Visa invests hundreds of millions of dollars annually to develop and deploy innovative, state-of-the-art risk management capabilities that are among the most advanced in the industry. VisaNet supports sophisticated risk management services that protect issuers, acquirers, and merchants from losses due to fraud, theft or unauthorized use. These services include transaction risk scoring, innovative data encryption techniques and transaction alerts and notifications. Over the past five years, even as global transaction volume has increased dramatically, the global fraud rate has remained low.Real Time, Real Protection
Visa’s real-time risk scoring capabilities are the result of more than 30 years of monitoring transaction patterns and applying sophisticated risk management technologies during the authorization process. Services such as Visa Advanced Authorization enhance Visa’s risk processing capabilities to detect unusual spending patterns and flag possible fraud in real time. Advanced Authorization instantly examines 40 separate transaction aspects and 100 or more known fraud patterns and weighs that data against a profile of all of the cardholder’s transactions from the last 90 days. The result is an instantaneous rating of a specific transaction's potential for fraud, which is passed to the card issuer. The card issuer then decides based on its proprietary criteria and responds to the merchant to accept or decline the transaction — helping combat fraud before it happens.Ever Evolving
As criminal networks evolve, so too does Advanced Authorization, allowing Visa to better detect emerging fraud patterns that might elude less advanced fraud monitoring systems. Advanced Authorization even reduces the chances a cardholder will be inconvenienced by having a legitimate transaction declined.Never willing to rest on our laurels, Visa is busy working with the industry on innovative encryption and authentication techniques that render stolen data worthless, enable end-to-end encryption of transaction data and introduce dynamic data into the transaction authentication process.
