The following checks can help to identify a fraudster, consider implementing them as risk indicators in your managing fraud procedures.
Address checking is a very useful measure. A fraudster who has obtained card data by copying elements from a card will not usually have the genuine user's billing address so must invent one.
The following are indicators of elevated fraud risk:
a shopper who provides an incomplete billing address
a shopper who refuses to confirm their credit/debit card and billing address details to you
delivery address not the same as the billing address
an export delivery address, particularly to certain countries (please refer to the table in Country Checks for a list of high risk countries)
temporary address such as a hotel or boarding house
check the shopper name with Directory Enquiries http://www.bt.com/directory-enquiries/dq_home.jsp (UK) and http://www.infobel.com (outside the UK) to verify the address and telephone number.
None of these indicators are absolute evidence of fraud. For example, a shopper could be on holiday, in which case the delivery address may not match the billing address.
Small discrepancies in shopper address/location information carry a lesser overall risk, as shoppers often make minor errors when entering their details.
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