Market Research Report
Card-Not-Present Risk Management Across the Value Chain
|Published by||Mercator Advisory Group, Inc.||Product code||231711|
|Published||Content info||22 Pages
Delivery time: 1-2 business days
|Card-Not-Present Risk Management Across the Value Chain|
|Published: February 16, 2012||Content info: 22 Pages||
Boston, MA -- Mercator Advisory Group's new report, Card-Not-Present Risk Management Across the Value Chain, examines strategies with which payment industry stakeholders might manage fraud risk in a more collaborative fashion across the value chain. To define the context for the report, the analysis begins with a look at the current dynamics in global e-commerce markets that are making adoption of collaborative strategies more imperative. Next, the discussion proceeds into current implementations of risk management practices within payment acquiring, online and multi-channel retail, and card issuing, as well as strategic concepts that may propel these practices into the next generation.
"Payment card risk management today exists in silos that correspond to each link in the transaction flow -- generally, the merchant, the acquirer, and the issuer (and its network partner). The various systems and processes that enable card transactions only talk to each other in limited ways; to a large degree, each party utilizes them only to manage its own risk. In other words, issuers, merchants, and acquirers concern themselves mostly with managing their own risk out of self-interest without much regard to risks posed to other members of the value chain," David Fish, senior analyst at Mercator Advisory Group and author of the report comments. "Mercator postulates that more collaborative use of risk management systems in payments would be of greater benefit to all involved, and thus the self-interest paradigm is actually a paradox."
An in depth analysis of the global growth of e-commerce and its implications for card risk management practices
Explanation of current risk procedures and duties associated with the various card payment value chain stakeholders
Coverage of instances where collaboration exists between stakeholder entities (both of the same type and of different types) in risk processes and practices
New criteria with which the payments industry should evaluate or build fraud prevention and risk management tools
Strategic considerations and action steps for risk managers in the payments industry and at CNP merchants
Companies mentioned in this report include: 41st Parameter; Acculynk; Amazon; American Express; ChargeAnywhere; CyberSource; Ethoca; FICO; iovation; Kount; NICE Actimize; Retail Decisions; RoamPay; SecureKey; Square; ThreatMetrix; Visa.