Payment Risk 101

Payment Risk 101, available at $59.99, has an average rating of 4.56, with 34 lectures, 7 quizzes, based on 1043 reviews, and has 7681 subscribers.

You will learn about 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 This course is ideal for individuals who are People who want to start a career in Payment & Payment Risk or Analyst for payment risk and fraud or Data Scientist for payment risk and fraud or Engineer for payment risk and fraud or Anyone who is passionate about mitigating risk and catch fraud or payment risk professionals It is particularly useful for People who want to start a career in Payment & Payment Risk or Analyst for payment risk and fraud or Data Scientist for payment risk and fraud or Engineer for payment risk and fraud or Anyone who is passionate about mitigating risk and catch fraud or payment risk professionals.

Enroll now: Payment Risk 101

Summary

Title: Payment Risk 101

Price: $59.99

Average Rating: 4.56

Number of Lectures: 34

Number of Quizzes: 7

Number of Published Lectures: 34

Number of Published Quizzes: 7

Number of Curriculum Items: 41

Number of Published Curriculum Objects: 41

Original Price: $44.99

Quality Status: approved

Status: Live

What You Will 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

Who Should Attend

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

Target Audiences

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

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 for payment risk 101! 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 basic 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 course content is mainly for the US market.

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
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!

Course Curriculum

Chapter 1: Introduction

Lecture 1: Introduction

Chapter 2: Payment Basics

Lecture 1: Payment Overview

Lecture 2: Payment: Card System

Lecture 3: Payment: Chargeback and Refund

Lecture 4: Payment: ACH System

Lecture 5: Payment Risk Overview

Chapter 3: Payment Regulation and Fraud Programs

Lecture 1: Fraud Programs

Lecture 2: 3DS2.0 and PSD2

Lecture 3: Regulation E vs Regulation Z

Chapter 4: Risk Statistics

Lecture 1: Stats 101

Lecture 2: Confusion Matrix

Lecture 3: Risk Modeling 101

Lecture 4: Linear Regression 101

Lecture 5: Linear Regression 102

Lecture 6: Linear Regression 103

Lecture 7: Linear Regression 104

Lecture 8: Logistic Regression 101

Lecture 9: logistic regression 102

Chapter 5: Consumer Risk: ATO

Lecture 1: Consumer Risk: ATO Overview

Lecture 2: Consumer Risk: How to identify ATO

Lecture 3: Consumer Risk: What actions we can take to fight against ATO attacks

Lecture 4: Consumer Risk: ATO real world examples and how to design rules

Chapter 6: Consumer Risk: SF & NSF

Lecture 1: Consumer Risk: SF & NSF Overview

Lecture 2: Consumer Risk: How to identify SF & NSF

Lecture 3: Consumer Risk: What actions we can take to fight against SF & NSF attacks

Lecture 4: Consumer Risk: SF and NSF real world examples and how to design rules

Chapter 7: Consumer Risk: Family Fraud

Lecture 1: Family Fraud 101

Lecture 2: How to identify Family Fraud

Lecture 3: How to better deal with Family Fraud

Chapter 8: Merchant Risk

Lecture 1: Merchant Risk Overview

Lecture 2: Merchant Risk: How to identify Merchant Risk

Lecture 3: Merchant Risk: What actions we can take to fight against Merchant Risk attacks

Lecture 4: Merchant Risk Real World examples and how to design the rules

Chapter 9: Congratulations

Lecture 1: Congratulations

Instructors

Sean Li
Certified Fraud Examiner, risk expert

Rating Distribution

1 stars: 10 votes
2 stars: 33 votes
3 stars: 180 votes
4 stars: 350 votes
5 stars: 470 votes

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!

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