Deutsche Bank and Visa collaborate to tackle retail fraud - Bobsguide

Deutsche Bank has partnered with payments behemoth Visa to strengthen its online retail fraud prevention resources. The collaboration makes Visa-owned company Cybersource's automated fraud detection system, Decision Manager, available to merchants who process their e-commerce payments via Deutsche. With Decision Manager, merchants will benefit from artificial intelligence-based calculations of risk value for each transaction to discover patterns and strategies. The application leverages an advanced risk model and global data intelligence from billions of data points of the Visa network to block fraudulent transactions and accelerate verified ones. According to Cybersource, Decision Manager prevented the equivalent of more than $22bn in potential fraud worldwide in 2021.