Payment Risk 101

🚀 Course Instructor: Sean L.

🎓 Course Title: Payment Risk 101 - Mastering Payment & Fraud Risks

🔥 Course Headline: Unlock the Secrets of Payment & Payment Risk Management with "Payment Risk 101" - Your First Step towards a Career in Payment Security!

Are you ready to embark on an exciting journey into the world of payment security?

🚀 Instructor Expertise: With years of hands-on experience at industry giants like PayPal and Google, Sean L., a Certified Fraud Examiner (CFE), has a wealth of knowledge in payment risk. As a member of the Merchant Risk Council's education committee, he's dedicated to sharing his expertise with you.

🌟 Course Highlights:

• Comprehensive Curriculum: Dive into the only Payment Risk 101 course on Udemy with over 5000 reviews and 4.0+ ratings!
• High Demand Skills: With a threefold increase in payment risk/fraud roles in tech companies like Facebook and Google, mastering these skills is more crucial than ever.
• Essential Knowledge: Whether you're prepping for an interview, aiming to delve into the subject, or seeking to refresh your memory, this course covers all the fundamentals of payment risk tailored to the US market.

🔑 Course Content Overview:

• Payment Mechanisms: Understand the differences between Pull/Push Payment, Open-loop vs Closed-loop systems, and more.
• Transaction Types: Get to grips with Card Present Transactions, Card not present transactions, and the intricacies of the ACH system.
• Fees and Charges: Learn about Interchange Fees, Chargebacks, and Refunds.
• Security and Fraud Prevention: Explore 3DS2.0, Confusion Matrix, Risk Modeling, and Authentication methods.
• Fraud Types & Strategies: Identify various types of fraud such as Family Fraud, Account Takeover Risk, Stolen Financial Risk, and Merchant Risk.
• Analytical Tools: Gain insights into Hypothesis, Sampling Method, Confidence Interval, and more.
• Case Studies: Real-world scenarios to solidify your understanding of payment risk and fraud prevention strategies.

📈 Key Topics Covered:

• Pull/Push Payment Systems
• Open-loop & Closed-loop payment systems
• Card System: Authorization, Clearing & Settlement
• Card Present vs Card not present transactions
• Card Interchange Fee
• Chargebacks and Refunds
• The ACH system and ACH Interchange Fee
• 3DS2.0 (3D Secure)
• Confusion Matrix
• Risk Modeling and Hypothesis Testing
• Sampling Method and Confidence Interval
• Family Fraud, Account Takeover Risk, Stolen Financial Risk
• Non-Sufficient Funds (NSF) Risk
• Merchant Risk and Authentication
• Fraudster Tactics to Evade Risk Checks
• Case Studies
• Risk Strategies and Rules

🎓 Why Enroll? This course is your gateway to understanding the complex world of payment risk and fraud prevention. With a focus on practical knowledge and real-world applications, you'll be well-equipped to tackle the challenges of payment security. Don't miss out on this opportunity to join the ranks of payment industry professionals who are at the forefront of combating fraud!

Enroll in "Payment Risk 101" today and take the first step towards a rewarding career in the dynamic field of payment risk management! 🛡️💰

Note: This course is designed for an audience primarily within the US market, with content tailored to the regulatory and transactional framework of the United States.