Online Shopping Portal FutureBazaar India to use CyberSource’s Anti-fraud Solution

CyberSource has recently announced the deployment of its Decision Manager anti-fraud solution by FutureBazaar India the online shopping portal of Pantaloon Retail, one of India’s largest retailers.

With this solution, FutureBazaar will now have access to over 150 global validation tests to screen for fraud and determine in real time if a particular online transaction should be accepted, rejected, or marked for further review.

“Fraud patterns vary from region to region and even country to country. Online merchants need to alter their rules to accommodate these variances or they are likely to allow unacceptable levels of fraud and deny too many good orders.

We believe our experience working in India allows us to more effectively recommend screening practices to optimize online performance in that region. We are building on our work with companies such as FutureBazaar to deliver the highest standards of payment and risk management throughout Asia,” said Akif Khan, head of U.K. client and technical services at CyberSource.

The solution determines frauds based on evaluations drawn from over 150 order validation tests designed according to the business rules determined by the customer. The rules can be updated at any time through an easy-to-use online interface. This flexibility will enable FutureBazaar to continually adapt its fraud screening strategies to changing marketplace realities.

The solution also includes sophisticated case management systems and process analytics to help further address the accuracy and efficiency of the fraud management process.

Related ArticleInexperienced online shoppers ‘at greater risk of fraud’ 

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5 Responses

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  2. Please go not buy from DMI-India – extremely rude and also their merchandise looks nothing like what is online. So, buyer – BEWARE of these thiefs!!
    I purchased BOLLYWOOD VIEW Item Code FG7086 for 378.00 U.S.D. They sent me a 20.00 material similar to what could be bought at WALMART. The pictures bear no resemblance to what the saris really look like. Ladies please be aware
    I bought a saree from the Bollywood series item code FG12331 for 278.00 USD. The product that I got was of really really cheap quality and bears absolutely no resemblence to what is shown on their website.
    http://www.dmi-india.com/dFG12331.html

    Extremely rude customer service as well. This business needs to be shut down. I guess even if they get 4 or 5 suckers every month they will continue to steal your money.
    Wish I had googled for “dmi-india review” before my purchase.

    They have a hardcore non-refundable policy so BUYERS BEWARE.

  3. dmi india is indeed a crook,thief and i hope this fake company will shut down soon. dmi india is shame for indian fashion

  4. Extremely poor quality product/horrible service
    Reviewed by: H. Birdi, Jun 10 2006 12:00AM

    I bought a saree from the Bollywood series item code FG12331 for 278.00 USD. The product that I got was of really really cheap quality and bears absolutely no resemblence to what is shown on their website.
    http://www.dmi-india.com/dFG12331.html

    Extremely rude customer service as well. This business needs to be shut down. I guess even if they get 4 or 5 suckers every month they will continue to steal your money.
    Wish I had googled for “dmi-india review” before my purchase.

    They have a hardcore non-refundable policy so BUYERS BEWARE. 3 of 6 people found this review helpful
    Was this review helpful to you?
    DMI is a joke
    Is this the new standard from India…is awful
    Reviewed by: Upset in Toronto, Oct 26 2006 7:53PM

    I ordered 6 sarees and 1 pants suit for my wedding, little did i know there are crooks in the world who give you something that is said to be bollywood pieces and they show up as $20 material that you paid $300 a piece for. Please Please do not buy from them, you will be unhappy. Not only that it takes 2 months, and when it comes it is delivered by someone who picked it up from the airport package with only a plastic bag…so much for their courier….so unprofessional…no wonder there are no hidden costs. Please don’t make the same mistake I did.

  5. I HIGHLY ADVISE TO STAY AWAY FROM DMI INDIA!!
    I ordered an $800 lehenga for my upcoming wedding and what arrived looked nothing like the picture. It was such poor quality and bad workmanship that I would not even buy it for $25. It looks hideous. Even if it didn’t match the picture, I would’ve been happy if it at least looked pretty, but this was beyond ugly. They didn’t follow any of my specifications for the blouse, so the blouse arrive 3 sizes too small and also cut so low that almost my entire chest is showing. The skirt was so tight that I could not bend in it. (I gave my correct measurements.) They also added a blue triangle design to the front and back of the skirt (not in the picture) and the triangle actually outlines my female private part and looks so embarrassing. I had my friends and family look at it to get their opinion, and they thought the very same thing. It is so embarrassing I can’t possibly wear it to my wedding. I contacted them to get a refund or at least for them to fix the size and design of the one I have, and they would not. They would not address any of my concerns and took days to answer. They left me in a really bad position as I had already ordered all of my wedding jewelry and shoes to match the outfit I thought I ordered. Now I have only a few weeks to find a new lehenga in the USA matching everything I already have.

    I can’t say it enough, please steer clear of DMI India. They are a shady business and will not deliver on their promises. They are a total rip-off.
    Posted By: banglabride2009 (130.101.213.×××), on Wednesday, August 19, 2009

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