Abstract: Systems and methods are provided to identify payment data and desensitize the data by a secure card reader. Desensitization of the payment data may include replacing sensitive information such as discretionary data with zeroes or other predetermined values. Desensitization may also include replacing sensitive information with fraud detection data such as merchant identifying information. Desensitization of the payment data may leave certain payment data intact for customer tracking or other non-payment related purposes.

Abstract: An apparatus (100) for real-time detection of fraudulent digital transactions is disclosed. The apparatus comprises: a transceiver module arranged to receive information data of a digital transaction; a model generator module (102) arranged to dynamically generate a predictive model for fraud detection based collectively on historical information data relating to identified fraudulent transactions and the received information data; and a fraud detection module (104) having a plurality of anomaly detection modules (1042, 1044, 1046) arranged to respectively process the received information data differently to generate a plurality of scores, which are aggregated to provide an aggregated score to enable real-time determination of whether the digital transaction is a fraudulent digital transaction. A first anomaly detection module (1042) is configured to process the received information data using the predictive model to generate a first score. A related method is disclosed too.

Abstract: Systems and methods we provided to identify payment data and desensitize the data by a secure card reader. Desensitization of the payment data may include replacing sensitive information such as discretionary data with zeroes or other predetermined values. Desensitization may also include replacing sensitive information with fraud detection data such as merchant identifying information. Desensitization of the payment data may leave certain payment data intact for customer tracking or other non-payment related purposes.

Abstract: Systems and methods for user identity authentication, for example in know your customer (KYC) procedures are described.

Abstract: Systems and methods are provided to identify payment data and desensitize the payment data by a secure card reader. Desensitization of the payment data may include replacing sensitive information such as discretionary data with zeroes or other predetermined values. Desensitization may also include replacing sensitive information with fraud detection data such as merchant identifying information. Desensitization of the payment data may leave certain payment data intact for customer tracking or other non-payment related purposes.

Abstract: Systems and methods are provided to identify payment data and desensitize the payment data by a secure card reader. Desensitization of the payment data may include replacing sensitive information such as discretionary data with zeroes or other predetermined values. Desensitization may also include replacing sensitive information with fraud detection data such as merchant identifying information. Desensitization of the payment data may leave certain payment data intact for customer tracking or other non-payment related purposes.

Abstract: Embodiments of the present invention are directed to methods, systems, and apparatuses for identifying fraudulent portable devices and limiting fraudulent transactions. One embodiment of the invention is directed to a method. The method includes receiving, by a verification device, transaction data including an issuer identifier. The verification device further determines issuer information associated with the issuer identifier and provides the issuer information to a verifying entity. The verifying entity verifies that a portable device matches the issuer information before a transaction is authorized.