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Managed Services for CNP Fraud Prevention

The fact is at some point in a company’s lifetime they will end up considering, directly or indirectly, the use of a managed service provider for some or all of their fraud management needs.  The concept of a managed service provider in the fraud space is an often misunderstood concept. The notion that all managed service providers are the same and can be compared in an apples-to–apples comparison just isn’t the reality of the market. 

There are a number of different ways vendors can offer managed services to a business in terms of features, functionality, service and performance.  Attempting to evaluate managed services based solely on features and functionality can lead to gaps in performance and disappointment in the actual results of the service. Companies need to ask themselves, “How well do I really understand managed services and how they need to fit into our company to meet our objectives?”  This course is intended to provide an overview of what types of managed services are available along with guidance for evaluating the effectiveness and fit of managed services for a particular company’s needs.

This course was last updated in August, 2017 to reflect the changing landscape of risk management and managed services. Now offered in HTML5 and compatible with all mobile devices.

Key Concepts Covered:

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After completing this course you should be able to answer and discuss the following questions:
(1) What are managed services and how do we compare different managed service providers? (2) What is the value proposition managed services offer and what are the primary reasons merchants choose to use managed service providers? (3) What are the best practices for evaluating managed service providers and how do we compare providers with very different scopes of coverage?

Training Objectives: (1) Define the meaning of a managed service, a managed service provider and the groupings of providers based on their capabilities. (2) Describe the motivating factors that influence merchants to consider the use of managed services as well as the value proposition managed service providers offer. (3) Dispel common myths and misconceptions with regards to managed services. (4) Describe how to evaluate managed service providers in terms of best practices.

Expected time to complete training: 80 minutes (includes quizzes and exam)

Course Applicability:

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Prerequisites: This is considered an Introductory level course and requires no previous knowledge or training on the subject matter.

The Fraud Practice's Online Portal and Training Courses:

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Enroll Now for $90 This training course is available online and can be started today.

Enrollment is easy and takes just a few minutes. You'll first need an account in our online training portal which can be created here. This free account can then be used to register for any of The Fraud Practice's online training courses or certification programs. With lessons available online 24x7, you are able to begin the Introduction to Managed Services for Fraud Prevention online training course immediately after enrolling.

Course Access: Unrestricted

Course Availability: Online, In-House and Webinar

Pricing & Online Enrollment: Take this course for only $90 by Enrolling Now.

We Want 100% Satisfaction: There is nothing worse than signing up for training only to find out that it wasn't on the topic you expected, or it wasn't advanced enough to provide value. If you have any doubt about the fit of a course to your particular needs, please give us a call. We will be happy to discuss the course, and to provide a more detailed overview on the content to ensure you make the most of your training dollars and time.

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eCommerce Fraud Professional Certification
Be Known as a Subject Matter Expert -Fraud Professional Certification

As a Certified eCommerce Fraud Professional you will be able to perform and take the lead on business strategic planning processes related to fraud mitigation and related to the review, addition and support of payments in the eCommerce channel.

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Online Training Course

Managed Services for Fraud Prevention Online Training Course

This training session provides an overarching definition of what a managed service is with respect to the scopes of coverage the different types of managed service providers offer. This course includes the motivating factors that influence a merchant’s decision to use managed services as well as best practices for a merchant evaluating which providers to use for eCommerce fraud prevention.

The material is spot on, especially for someone who is either building an internal fraud solution or choosing an external one.

M. Wrobleski
Director Fraud & Risk, GSN Digital