Fraud Detection Walkthrough

Name: FraudLabs Pro
Brand: FraudLabs Pro

Step-by-step Guide

This walkthrough will demonstrate common scenarios and the flow of using the FraudLabs Pro Fraud Detection Solution.

Step 1 of 4

Managing rules and configuration after installation

Step 2 of 4

Placing a test order for simulation

Step 3 of 4

Understanding FraudLabs Pro artificial intelligence screening process

Step 4 of 4

Handling fraud risk details with 'Approve' or 'Reject' decision

Let's start!

Step-by-step Guide

This menu shows four scenarios of fraud validation rules configuration, test order simulation, FraudLabs Pro screening process and order authorization decision making. Let's look at the step-by-step guide in an orderly fashion to start learning about fraud detection solution.

Rules Configuration

Order Simulation

Fraud Validation

Order Authorization

Rules Configuration

Validation rules define the action, such as Approve, Review or Reject.

For example, you can have a validation rules to reject an order if the fraud score exceed 90. You can create as many validation rules depending on your plan limitation, but at the minimum you need to have at least one fraud score rule.

FraudLabs Pro Rules

Manage Rule

Rule 1

Condition

Value

Action

Order Simulation

This section demonstrates the online purchase process flow on a common e-commerce platform, and how our FraudLabs Pro validation process fit in.

Your Online Store

Orange Handbag

By Chris & Louis

This orange handbag is created by Chris & Louis with a measurement of 17 x 6 x 14 cm. It is crafted by using Glovetanned Leather. This modern design is a special limited edition.

$100.00

Shipping

Full Name

Address

City

State

Poscode

Payment

Name on Card

Card Number

CVC

Expiration

The checkout has been completed successfully!

Your order will be sent for FraudLabs Pro Fraud Validation Screening.

FraudLabs Pro Fraud Validation

FraudLabs Pro validation engine comprises 3 key sections, namely the elements validation, blacklist validation and machine learning.

The engine will perform a comprehensive check on every element available in an order, together with the use of blacklist data contributed by our global merchant network and machine learning technology, to gauge the fraud risk associated with the order.

Comprehensive Element Validations

IP address validation
Anonymous proxy validation
Billing & shipping address validation
User account validation
Email address validation
Credit card validation
Transaction validation
Device validation

Blacklist-Based Algorithm

FraudLabs Pro has a large pool of fraud data contributed by our Global Merchant Network in real-time, and this valuable information will be used to help other merchants to detect fraud orders.

Machine Learning

FraudLabs Pro learns the fraud pattern based on each or your approve, reject and blacklist action. This real-time crucial information enables FraudLabs Pro to learn new fraud pattern using the machine learning approach, and therefore further improve the fraud prediction and detection.

You will receive a fraud score and status after the fraud validation process.

Order Authorization

You should decide to approve or reject an order if it is flagged for review.

You can login to the merchant dashboard to view the fraud result and the relevant details to help you with the decision making.

Fraud Detection Walkthrough

Step-by-step Guide

Step-by-step Guide

Rules Configuration

FraudLabs Pro Rules

Manage Rule

Step-by-step Guide

Order Simulation

Your Online Store

Orange Handbag

By Chris & Louis

Shipping

Payment

Step-by-step Guide

FraudLabs Pro Fraud Validation

Comprehensive Element Validations

Blacklist-Based Algorithm

Machine Learning

Step-by-step Guide

Order Authorization

Transaction Details

Transaction #10015

General Information

FraudLabsPro Score:

70

IP Location to Billing Location:

58.23 miles / 93.71 km

IP Address:

8.8.8.8

Validation Information

High Risk Country:

No

Billing Country Matches IP Country:

Yes

IP Address In Blacklist:

No

Thank You!