RE: UKNM: Combating CC fraud

[Ken Cowley]

Banks hold this address info but not online or realtime - usually a fax to

the issuer with the claimed address will get you a 24hr response.


I think I saw Netbanx offering a bureau service of address checking, but not

accelerating the response - presumably they're doing a telephone or fax

check with the issuer and simply 'web front ending' this process.


Address verification is available online with the credit card networks in

the US where you get a response code indicating first line match, zip code

match or both match. This would only be available if you had a merchant

account with a US bank and for US customers.


Experian and equifax are the two UK agencies who hold address information

related to actual transactions, i.e. credit card applications, mortgages

etc. So far neither has launched a simple address check service for

e-merchants, although experian (part of GUS) seems to have woken up a bit

with the orientation toward e-commerce of GUS/Reality. In principle these

two would have the most up to date info outside the banks, but they seem

impervious to the argument that a simple yes/no charged at a few pence to

e-merchants would make them more money than charging banks a few quid for a

full credit report.


The UK electoral roll is available to rent from outfits like capscan. A

positive match here is useful but obviously not connected with the actual

card account.


HTH


Ken Cowley

New Product Development

Global Internet Billing

598-608 Chiswick High Road

London

W4 5RT


http://www.glintbill.com


+44 (0)20 8612 8612

DDI: +44(0)20 8612 6142

Mob: +44 (0)7909 526822

kcowleyglintbill [dot] com

-----Original Message-----

From:

ownerchinwag [dot] com

 [

ownerchinwag [dot] com]On">mailto:ownerchinwag [dot] com]On

 Behalf Of David

Simpson

Sent: 14 September 2000 16:21

To:

uk-netmarketingchinwag [dot] com

Subject: UKNM: Combating CC fraud



Hi


We are about to launch a new online product and obviously we are keen to

take every measure possible to combat CC fraud.  One idea has been that we

could cross reference billing address submitted against that held by the

card issuer (not by any means fool proof I grant you but .... well worth

looking into at least).  Does any one know of a supplier / aggregator of

this sort of information ?


Thanks


David

______________________________

David Simpson

Pool.Net

www.pool.net



~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

  The biggest, best Chinwag Networking party...ever...

    **27th September 2000**  put it in your diaries now

 RSVP to http://www.chinwag.com/uk-netmarketing/party.shtml

  To sponsor the event email

spareanychangechinwag [dot] com

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

  To unsubscribe or change your list settings go to

http://www.chinwag.com/uk-netmarketing or

helpchinwag [dot] com