Fraud Detection System. You must establish, implement and maintain a commercially reasonable fraudulent transaction detection system to screen each WEB Entry in order to minimize the risk of fraud. The level of authentication used shall reflect the risk of the transaction, based on factors such as the transaction amount, the type of goods being offered, whether Consumers are new or existing customers, and the number and average dollar amount of WEB transactions. The system must authenticate your identity, as well as that of the customer. You agree to provide us with a description of the system, upon request, and evidence that the system is commercially reasonable. (Please see the Rules regarding the requirements for a commercially reasonable system.)
Appears in 4 contracts
Samples: Treasury Management Master Services Agreement, Treasury Management Master Services Agreement, Treasury Management Master Services Agreement
