Authentication CVV2 Fraud Detection 
Nanonets
OCTOBER 1, 2023
• Fraud prevention: PSPs use various methods to prevent fraud, such as AVS and CVV2 checks. When evaluating security measures, look for features such as data encryption, fraud detection and prevention, and customer authentication.
Seon
JUNE 21, 2023
Let’s take a look at some core tools that can achieve it: Risk-based authentication (RBA) : Businesses such as online shops can take stock of a user’s transaction history and geolocation to help determine how likely a user is to be a high-risk individual and thus determine the stringency of the authentication checks that should be performed.
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