Stripe is piloting a new feature called Card Image Verification (CIV). CIV gives Business Users who use Radar a new tool to help further detect and block fraudulent transactions. CIV attempts to detect fraud by asking a Business User’s customer to scan their credit card using their device’s camera. CIV then runs automated technology on the card image to try to assess whether the card is authentic. We plan to incorporate CIV into our broader suite of Radar products and eventually, Business Users will be able to configure CIV through Radar Rules.
Stripe may use data collected about the User’s End Customer, including IP address and device and browser information for the device used to make the transaction with that Business User. Stripe may also use payments transaction data and store a redacted copy of the credit card image. Stripe uses this data to predict the likelihood that the payment method offered by the End Customer for a transaction is not fraudulent and to improve fraud detection.
As part of CIV, Stripe may share with the Business User certain information relevant to fraud detection, including:
An assessment of whether the transaction at issue resulted in a fraudulent charge-back, and
A list of transactions that were challenged or blocked as a result of the CIV technology.