“The real-time service lets the merchants verify directly from the web site or call center that shipping or billing information supplied with an order is correct, which not only saves the merchant fees charged by carriers to make address corrections in the field, but also does double duty as a red flag for potential fraud.
Phone numbers and addresses that don’t match up are a key indicator in fraud detection, notes the company, which has built the service around a sophisticated set of matrices that reconcile area codes, prefixes and phone numbers with each other as well as with numbers on record, and physical addresses get the same scrutiny. The system can detect address elements that are incorrect or suspect, such as a street number not matching a real street name or a non-existent street name supplied for a city.”
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