SPA-PK1-Module 3 –  Card Payment Fraud – Mobile Device Authentication & Customer Verification

This module is part of the Card Payment Fraud courses and can be taken separately or as part of the four modules.

At Secure Payments Academy we have been providing payments technology training courses, covering current and new card payment technologies. This course is a deep dive guide into “How to mitigate fraudulent transactions” for the card present as well as the CNP eCommerce world. All our courses are designed based on our hands-on experiences in implementation of payment technologies through our consulting engagements. Our consulting work is through our main company Smart Commerce International or www.scil.us, we provide in-person as well as eLearning courses.

We have developed a comprehensive course on all aspects of Card Payments Fraud, in four different modules. These modules describe both Card-Present and Card-Not-Present fraud types and fraud prevention methods deployed today. These course modules can be taken separately or together.

Module 3 – “Mobile Device Authentication & Customer Verification”.

This module includes a description of technologies and methods used for authenticating mobile devices. This is really important for preventing fraudulent payment transactions from mobile devices. This is followed by categorizing techniques used for mobile authentication that includes customer verification.

There are four groups of techniques each with a number of sub-groups. These are all described in this third module.

Module 3 – Mobile Device Authentication & Customer Verification Agenda

Group 1 – Consumer Verification:

  • Static Password, Knowledge-Based Authentication
  • Out of Band Authentication: One Time PIN or Passcode
  • Mobile PKI for Push-Based Authentication
  • Virtual Credit Card Authentication
  • CDCVM/ODCVM
  • EMV Secure Remote Commerce (SRC)
  • Biometrics
  • FIDO (Fast Identity Online)
  • W3C WebAuthn API

Group 2 – Device Authentication:

  • Dynamic Cryptogram
  • MNO Risk Scoring, Phone Number Validation, Device Binding and MNO Intelligence

Group 3 – Risk-Based  Authentication:

  • Adaptive Authentication
  • EMVCo 3D Secure
  • Identity & Verification (ID&V) Provisioning

Group is 4 – Analytics and Familiarity Signals:

  • Predictive Analysis
  • Machine learning/AI Authentication
  • Device Familiarity, Risk & Attack Sig

To register for this module please click Here.

Learning Outcomes:

By the end of this course delegates will be able to:

  • Describe the fraud types for card not present transactions.
  • Identify differences between CNP and card present fraud patterns.
  • Explain device authentication methods.
  • List consumer verification methods.

Who should Attend:

  • Payment stakeholders with an online presence for online purchase and payment of goods.
  • Merchant System Operations, Engineering
  • Issuer/Processor Operations, Engineering
  • Fraud Analysis personnel
  • System Architects and Developers
  • IT and Technical Departments
  • Vendors of CNP fraud detection Systems

The attendees taking the four modules will be understand what fraud threat types are and which tools are available to mitigate and stop fraudulent activities. This will help make decisions on how to use these techniques with a clear understanding of the issues.

To register for any of module please click Here

For any enquiries please contact us Here.