Using Trusted Email to Prevent Credit Card Frauds in Multimedia Products

Authors:
Saleh I. Alfuraih;Nien T. Sui (Alsawi);Dennis Mcleod
Affiliations:
Department of Computer Science, Integrated Media Systems Center, University of Southern California, Los Angeles, CA 90089-2561, USA Alfuraih@usc.edu;Department of Computer Science, Center for Software Engineering, University of Southern California, Los Angeles, CA 90089-0781, USA Alsawi@usc.edu;Department of Computer Science, Integrated Media Systems Center, University of Southern California, Los Angeles, CA 90089-2561, USA McLeod@usc.edu
Venue:
World Wide Web
Year:
2002

Citing 2
Cited 4

Distributed Data Mining in Credit Card Fraud Detection

IEEE Intelligent Systems
Neural Data Mining for Credit Card Fraud Detection

ICTAI '99 Proceedings of the 11th IEEE International Conference on Tools with Artificial Intelligence

Taxonomy of e-commerce disputes

AIC'04 Proceedings of the 4th WSEAS International Conference on Applied Informatics and Communications
Location of trusted email for prevention of credit card fraud in soft-products e-commerce

AIC'04 Proceedings of the 4th WSEAS International Conference on Applied Informatics and Communications
Comprehensive study on methods of fraud prevention in credit card e-payment system

Proceedings of the 11th International Conference on Information Integration and Web-based Applications & Services
Effective detection of sophisticated online banking fraud on extremely imbalanced data

World Wide Web

Quantified Score

Hi-index	0.00

Visualization

Abstract

This paper focuses on credit card fraud in Multimedia Products, which are soft-products. By soft-products, we mean intangible products that can be used and consumed without having them shipped physically, such as software, music and calling cards (calling time). The demand for soft-products, mainly Multimedia Products, on the Internet has grown in the last few years and is rapidly increasing. Credit card fraudulent transactions on such products are very easy to conduct, while very difficult to recover, compared to the fraud cases in hard-products transactions. This paper classifies the types of products sold on the Internet, and the usual fraud occurred in each type. It summarizes some of the existing best practices to prevent credit card fraud. Finally, it introduces the use of a Trusted Email as a way to authenticate the customer and to simulate his/her physical address (since on these products no actual shipping will happen).