IBM Safer Payments is an innovative real-time payment fraud prevention and detection solution for all cashless payment types. IBM Safer Payments provides not only model capabilities based on inbuilt tools, but also the option to import externally built fraud models for real-time decisioning. In this course, all of the IBM Safer Payments model capabilities are presented in details. The following modelling concepts are covered: index, profiling techniques (with and without index sequence), model components comprised of rulesets, PMML, Python and Internal Random Forest, elements of the simulation environment including Rule Generation and Internal Random Forest, as well as the sampling techniques. All these concepts will be followed by the hands-on exercises that students are expected to complete.