Learn common methods and prevention

What you'll learn

Understand the fundamentals of Payment

Understand the fundamentals of Payment Risk and Fraud

Family Fraud, Account Takeover (ATO), stolen credit card, Non sufficient funds (NSF)

Understand how the card system and ACH system works

Know how fraudsters conduct payment attacks

Work with real-life examples to design risk rules

Learn how to design data-driven risk strats

Learn what variables we can use for fraud-fighting

Understand how the payment system works like pull/push payments

confusion matrix, false positive, precision, recall

payment risk related statistics knowledge

confidence interval, confidence level, sampling method

payment risk modeling like decision tree and random forest

type 1 and type 2 error

3DS2.0, PSD2 and SCA

Requirements

Absolutely no experience is required, we will start from the basics and walk you through all the knowledge you need to know about payment and payment risk

Your enthusiasm to learn

Description

Are you ready to start your path to work in the payment industry and fight against fraudsters!I have worked in the payment risk industry for many years with experience from PayPal and Google. I am a CFE and I am part of the MRC education committee. I am ready to share with you all my experience and knowledge. Payment and Payment Fraud requires some domain knowledge. This comprehensive course is the first one and the only one on Udemy to share everything you need to know about payment and payment risk! This course has over 5000 reviews with 4.0+ feedback. With the development of Blockchain and high payment fraud pressure, more and more companies especially tech companies like FB and Google have invested a lot into payment and payment risk management. The payment risk/fraud-related job has increased 3 s in the last 2 years.In this class, we cover all the knowledge you need about payment and payment risk no matter you just prepare for an interview or want to know about it or want to refresh your memory.This comprehensive course is comparable to the payment training that usually costs hundreds of dollars, but now you can learn all that information at a fraction of the cost! Here are just a few topics we will be learning:Pull/Push PaymentOpen-loop/closed-loop payment systemThe card systemCard Authorization, Clearing & SettlementCard Present Transactions vs Card not present transactionCard Interchange FeeChargebacks and RefundsThe ACH systemACH Interchange Fee3DS2.0PSD2 and SCAConfusion MatrixRisk ModelingHypothesisSampling MethodConfidence IntervalFamily FraudAccount Takeover RiskStolen Financial RiskNon-Sufficient Funds RiskMerchant RiskAuthenticationHow the fraudsters do to avoid risk checks Case StudyRisk Strats and RulesEnroll in the best payment risk course and enjoy your -fighting fraudsters today!

Who this course is for

People who want to start a career in Payment & Payment Risk,Analyst for payment risk and fraud,Data Scientist for payment risk and fraud,Eeer for payment risk and fraud,Anyone who is passionate about mitigating risk and catch fraud,payment risk professionals

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