Enroll Course: https://www.udemy.com/course/payment-and-payment-fraud/
The world of payments is dynamic, complex, and increasingly crucial in our digital age. With the rise of e-commerce and the ever-present threat of fraud, understanding payment risk management is no longer a niche skill – it’s a vital asset for many businesses, especially in the tech sector. If you’re looking to break into this exciting field or simply gain a solid understanding of its intricacies, the ‘Payment Risk 101’ course on Udemy is an exceptional starting point.
Boasting over 5,000 reviews and a stellar 4.0+ rating, this course comes highly recommended, and for good reason. The instructor, a seasoned professional with experience at giants like PayPal and Google, and holding credentials such as CFE and a position on the MRC education committee, brings a wealth of practical knowledge to the table. This isn’t just theoretical; it’s a deep dive into the real-world challenges and solutions in payment risk.
The course content is remarkably comprehensive, covering everything from the fundamental types of payments (pull/push, open-loop/closed-loop) and the intricacies of card systems (authorization, clearing, settlement, interchange fees) to the challenging world of chargebacks and refunds. It also delves into the ACH system, a critical component of many transactions, and explores crucial concepts like 3DS 2.0, confusion matrices, risk modeling, and statistical methods like sampling and confidence intervals.
What truly sets this course apart is its practical approach to identifying and combating fraud. It doesn’t shy away from discussing common fraud schemes like family fraud, account takeovers, stolen financial data, and non-sufficient funds (NSF) risks. The inclusion of case studies and a detailed look at how fraudsters attempt to circumvent risk checks provides invaluable insight. The course also equips learners with knowledge of risk strategies and rules, empowering them to build effective defenses.
While the course primarily focuses on the US market, the foundational principles and concepts are broadly applicable. Whether you’re preparing for a job interview in the payment industry, looking to understand the risks your own business faces, or simply want to refresh your knowledge, ‘Payment Risk 101’ delivers. The demand for payment risk professionals has surged, tripling in the last two years, making this course a timely and strategic investment in your career development.
If you’re ready to join the fight against fraudsters and build a strong foundation in payment risk management, ‘Payment Risk 101’ on Udemy is a highly recommended and valuable course. Enroll today and start your journey into this critical and growing field!
Enroll Course: https://www.udemy.com/course/payment-and-payment-fraud/