Checkout.com and Merchant Risk Council Introduce Initiative to Combat Fraud and Cybersecurity Threats

Checkout.com, a global digital payments provider, announced the launch of an online course in partnership with the Merchant Risk Council (MRC) to help payment professionals combat fraud and cybersecurity threats.

Debuted at MRC San Diego, ‘Fraud Essentials’ is the second in “a series of online courses available to all MRC members for free, and will provide participants with a comprehensive introduction to digital fraud tactics and the fundamental skills needed to protect their businesses and communities from harm.”

The launch is an expansion of Checkout.com’s partnership “with the MRC, which began earlier this year with the launch of their ‘Payment Essentials’ course.”

The partnership aims to make high-quality training “more accessible for all payment professionals worldwide and support the next generation of payment leaders.”

According to research shared in the update, 82% of US e-commerce merchants “experienced some form of cyber or data breach in 2023, signaling a need for greater education in response to a growing number of more sophisticated threats.”

Together with the MRC, Checkout.com aims “to fill a significant gap in education for both new and seasoned experts, providing practical insights into mitigating risk so the industry can stay ahead of the rapidly evolving nature of online fraud and cybercrime.”

The Merchant Risk Council is “a global non-profit association dedicated to safeguarding the integrity of e-commerce through deep expertise in fraud prevention, payment processing, and risk management.”


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