Risk Parameter


Risk Parameter describes various parameters used within a Risk Assessment.

Formally these Risk Parameter are dependent on the specific type of Risk Assessment and may be defined by TODO ???

Typically some of the Risk Parameter are:

  • Value at Risk


Information programmed into the chip application enabling the card to act on the issuer’s behalf at the point of transaction. These controls aid issuers in managing their below-floor limit exposure to fraud and credit losses. They may be tailored to the risk level of individual cardholders or groups of cardholders.

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