Payment Risk 101 | Udemy


Payment Risk 101 | Udemy [Update 02/2022]
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Genre: eLearning

Learn the Payment 101, Payment Risk and Fraud 101. 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 strategies
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

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 times 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 Payment

Open-loop/closed-loop payment system

The card system

Card Authorization, Clearing & Settlement

Card Present Transactions vs Card not present transaction

Card Interchange Fee

Chargebacks and Refunds

The ACH system

ACH Interchange Fee

3DS2.0

PSD2 and SCA

Confusion Matrix

Risk Modeling

Hypothesis

Sampling Method

Confidence Interval

Family Fraud

Account Takeover Risk

Stolen Financial Risk

Non-Sufficient Funds Risk

Merchant Risk

Authentication

How the fraudsters do to avoid risk checks

Case Study

Risk Strategies and Rules

Enroll in the best payment risk course and enjoy your time-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
Engineer for payment risk and fraud
Anyone who is passionate about mitigating risk and catch fraud
payment risk professionals

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