Austreme: Granted a patent for its Card Testing Fraud Detection technology
- Austreme is an industry leader in brand protection, helping brand owners, acquiring banks, and payment service providers monitor
- Card Testing Fraud Detection System is a device designed to integrate into the payment system to analyze and prevent fraudulent transactions
- Granted a patent for its e-commerce Card Testing fraud detection system a payments technology for analyzing transaction data
- Able to feed transaction data to the analytic engine for detection of fraudulent transactions
- Views this new technology as a solution to support the payment industry in tackling its evolving fraud situation
- Payment card testing is a technique used by fraudsters to determine the validity of stolen or computer-generated card numbers
