Fraud Essentials

Fraud Essentials is designed to explain fraudsters' motivations and methods, as well as ways to identify, detect, prevent, and mitigate fraudulent activities. Fraud trends and risk mitigation best practices are also presented. This course is designed to give new fraud investigators and analysts a solid foundation of knowledge for their position, and to give eCommerce professionals who are new to risk mitigation a thorough introduction to online fraud prevention.

The Fraud Essentials course addresses nine objectives:

  1. Define and summarize fraud
  2. Identify and describe fraudsters, fraud motivations, and fraud attack methods
  3. Differentiate between internal and external fraudsters
  4. Explain the payment, product, and technology ecosystems
  5. Distinguish, analyze, and classify fraud methods and issues
  6. Evaluate and apply fraud prevention methods
  7. Employ techniques to mitigate and respond to fraud
  8. Apply best practices
  9. Discuss and explain fraud trends

The course takes approximately 4 - 5 hours to complete. It also includes a final assessment to ensure the learner understands the material. After successfully passing the final assessment, the learner will receive a certificate of completion from the MRC.

Fraud Essentials is available for only $225 for MRC members (plus applicable taxes). Non-members may take the course at the non-member price of $450 (plus applicable taxes). To take the Fraud Essentials course, please visit the MRC RAPID Edu Registration page by clicking the button below.

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RAPID Edu Accreditation

The Merchant Risk Council is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

National Association of State Boards of Accountancy Inc. (NASBA) -- National Registry of CPE Sponsors

RAPID Edu Refund Policy

For the RAPID Edu program self-study courses, refunds and cancellations are determined on a case-by-case basis. Cancellations and requests for refunds must be communicated in writing to Refunds will not be issued once a course is started. Additionally, courses must be completed within one year of the course enrollment date.