Patent ID: 8417587

Claim:
A method, comprising: receiving, using one or more processors, one or more strategies associated with one or more merchants, wherein each strategy specifies an order for performing two or more services corresponding to a transaction associated with a merchant, wherein each service is associated with one or more actions, and wherein the one or more strategies are stored in a strategy library; receiving, using the one or more processors, transaction information associated with a merchant; retrieving, using the one or more processors, a strategy associated with the merchant, wherein the strategy is retrieved from the strategy library, wherein the strategy includes two or more services including a risk management service, and wherein the risk management service includes a velocity check and a hotlist consultation; determining, using the one or more processors, whether the transaction information is fraudulent by performing the risk management service upon the transaction information using the velocity check or the hotlist consultation; and performing, using the one or more processors, any additional services and associated actions in the order specified in the strategy, wherein the two or more services specified in the strategy comprise the risk management service and at least one of (a) a payment service, (b) a stored value service, (c) a fulfillment management service, and (d) a distribution control service.