MasterCard will release an e-commerce anti-fraud product for merchants in May. MasterCard announced the product at the Merchant Risk Council show in Las Vegas. The solution is designed for global merchants to assess transactions on U.S.-issued cards. The service provides merchants with a “predictive fraud score for Card-Not-Present transactions in real time to measure the likelihood that a transaction is fraudulent” The service looks at the buyer’s history and gives an evaluation, much like a summarized list of references but in the form of a single score.
Source: https://thehackernews.com/2012/03/ecommerce-fraud-detection-tool-anti.html