As a Stripe user, you might have unique business logic that you’d like to implement within Stripe. For instance, you may want to Block payments made from a location or card issued outside your country. In order to achieve these, you would need to set up a set of Stripe Radar rules.
Learn more about Stripe Radar at official Stripe.com documentation https://stripe.com/docs/radar
Rules in Stripe allow you to implement this business logic as specific actions to be taken whenever a payment matches criteria that you define.
For complete Stripe Radar guide, please refer to official Stripe.com Radar Rules documentation at https://stripe.com/docs/radar/rules
Magento
In Magento on the Order Grid, the status of the Stipe rules shows up as traffic lights.
Just because it’s green does not mean the card is not stolen. It just means it passed the fraud checks that you set up in Stripe. So still follow your own fraud prevention procedures. Some of our clients call every customer that places an order to check if they are real, Some only do this on Orange warning.
Based on your conclusion you would set that status to Suspected Fraud or On Hold until you have either satisfied it’s not a fraud.
No credit card merchant service provided any guaranteed way to detect fraud. So set your Stripe rules to help you make a decision and then follow your own fraud prevention procedures to minimise the chance of fraud.