# New CA Technologies Payment Security Solution Reduces Online Fraud Loss by 25 Percent Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2017-05-10 Category: FINANCE Category URL: https://financedigest.com/category/finance Meta Title: CA Risk Analytics Network: Stop Card-Not-Present Fraud Meta Description: Stop card-not-present fraud instantly with CA's real-time behaviour analytics and machine learning, reducing online fraud losses by 25%. URL: https://financedigest.com/new-ca-technologies-payment-security-solution-reduces-online-fraud-loss-by-25-percenthtml ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/0o1a6393-1977-1736843898383-compressed.jpg) CA Applies Real-Time Behavioral Analytics and Machine Learning to Largest Pool of Online Transaction Data to Stop Fraud Instantly CA Technologies (NASDAQ:CA) today announced [CA Risk Analytics Network](https://www.ca.com/us/products/ca-risk-analytics-network.html), the payment industry’s only card-issuer network that stops card-not-present fraud instantly for network members using real-time behavior analytics, machine learning and global transaction data to reduce online fraud losses by an average of 25 percent\* – a potential of $2.2 billion in savings. As a cloud-based service, CA Risk Analytics Network incorporates a new advanced neural network model, backed by real-time machine learning, to protect [3-D Secure](https://www.ca.com/content/dam/ca/us/files/executive-brief/ca-viewpoint-summary-of-3d-secure-2-0-and-how-ca-can-help.pdf) card-not-present (CNP) transactions. It learns from, and adapts to, suspected fraudulent transactions in an average of five milliseconds, instantly closing the gap for potential fraud using the same card or device across all members of the network. According to Javelin’s 2017 Identity Fraud Report, explosive growth in card-not-present fraud, driven by the increasing e-commerce and m-commerce volume, as well as the [EMV](http://www.creditcards.com/credit-card-news/emv-faq-chip-cards-answers-1264.php) [liability shift](http://www.emv-connection.com/downloads/2015/05/EMF-Liability-Shift-Document-FINAL5-052715.pdf), contributed to the rise of existing-card fraud. “Just as e-commerce is displacing point-of-sale transactions, the same is true for the channels in which fraudsters choose to conduct their business. Among consumers, there was a 42 percent increase in those who had their cards misused in a CNP transaction in 2016, compared to 2015 levels,” the [report](https://www.financedigest.com/textile-leveling-agent-market-to-flourish-with-an-impressive-cagr-during-2021-2031-fact-mr-report.html "Textile Leveling Agent Market to Flourish with an Impressive CAGR during 2021-2031: Fact.MR Report") showed. “Detecting anomalies quickly and ensuring frictionless authentication are the first steps in preventing card-not-present fraud without impacting legitimate cardholder transactions,” said Terrence Clark, general manager for CA [Technologies Payment](https://www.financedigest.com/technology-is-a-tonic-for-late-business-payments.html "TECHNOLOGY IS A TONIC FOR LATE BUSINESS PAYMENTS") Security solutions. “Our data scientists have applied advanced analytics and new, real-time, [machine learning algorithms to the global](https://www.financedigest.com/deep-fryer-machine-market-one-the-most-booming-industry-in-upcoming-years-due-to-global-demand-in-industry-by-2028.html "Deep Fryer Machine Market| One the Most Booming Industry in Upcoming Years Due to Global Demand in Industry by 2028") pool of 3-D Secure, e-commerce transaction data and device insights maintained by the CA Payment Security Suite. This provides faster and more accurate online fraud detection and prevention, [reducing fraud](https://www.financedigest.com/the-importance-of-a-proactive-and-collaborative-approach-to-reducing-contactless-fraud.html "THE IMPORTANCE OF A PROACTIVE AND COLLABORATIVE APPROACH TO REDUCING CONTACTLESS FRAUD") losses for network members while streamlining online shopping experiences for consumers.” CA’s payment [security solutions](https://www.financedigest.com/securing-financial-institutions-with-the-help-of-pam-solutions.html "Securing financial institutions with the help of PAM solutions") protect billions of online transactions supporting hundreds of millions of cards and thousands of card portfolios worldwide. CA [Risk Analytics Network is open to card](https://www.financedigest.com/iran-deal-a-wild-card-for-oil-market-strained-by-supply-risks-reuters-poll.html "Iran deal a wild card for oil market strained by supply risks – Reuters poll") issuers with portfolios of any size: from global banks with millions of cardholders, to smaller, or regional financial institutions. Support for 3-D [Secure protocols today and in the future](https://www.financedigest.com/the-future-of-cyber-security.html "THE FUTURE OF CYBER SECURITY") CA Risk Analytics Network and the [CA Payment Security](https://www.ca.com/us/products/payment-security.html) Suite support the 3-D Secure specification today, and will support the new EMV 3-D Secure 2.0 specification, which addresses authentication and security for card-not-present, e-commerce transactions using smart phones, mobile apps, digital wallets and other forms of digital payment. The 2.0 protocol will make extensive use of device data, giving CA Risk Analytics Network subscribers a [growing new source of information to reduce fraud and optimize the customer experience across all consumer](https://www.financedigest.com/sales-revenue-of-tpms-battery-market-to-soar-in-the-near-future-owing-to-growing-consumer-adoption.html "Sales Revenue of Tpms Battery Market to Soar in the Near Future Owing to Growing Consumer Adoption") shopping devices and all versions of the 3-D Secure protocol.  Support for both the 1.0 and 2.0 specifications is important as adoption rates of the updated specification among card issuers and merchants will vary. **Resources** - [Customer Video](https://youtu.be/Dpbr-TTWFVQ) - [Customer Reviews](https://www.itcentralstation.com/products/ca-risk-analytics#product-reviews-section) - [Summary of 3D Secure 2.0 and how CA can help](https://www.ca.com/content/dam/ca/us/files/executive-brief/ca-viewpoint-summary-of-3d-secure-2-0-and-how-ca-can-help.pdf) \*Data based on applying the new CA [Risk Analytics Network fraud model to historical customer data](https://www.financedigest.com/omicron-poses-very-high-risk-but-data-on-severity-limited.html "Omicron poses ‘very high’ risk but data on severity limited") over a 90-day period. \\*\\* Potential savings based on existing-card account fraud of $8.8 billion in 2016, reported in “2017 Identity Fraud: [Securing the Connected Life,” a Javelin Strategy](https://www.financedigest.com/security-trumps-obesity-in-britains-first-food-strategy.html "Security trumps obesity in Britain’s first food strategy") & Research survey conducted among 5,028 U.S. adults over age 18. --- This blog is powered by Superblog. 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