Author: Elisa Ahern
Lead Field Data Scientist - eCommerce and Marketplaces
Why Use Data Only Once? Breaking Down Silos to Overcome Data Scarcity
Data scarcity is one of the biggest challenges companies face when combating online fraud. This issue is compounded when each stage of the user journey is siloed into its own fraud workflow. For example, separating account opening from transaction. Additionally, if there’s a failure to include even lightweight fraud checks during account opening, the opportunity […]
What is Collusion Fraud and why is it so Prevalent in Marketplace Businesses?
Collusion fraud was once a team-effort event that took place in brick-and-mortar stores; someone buys an item with a stolen credit card and a second person returns the item in exchange for a store gift card. This small-time crime has since evolved into a major online industry with one major target: ecommerce marketplace businesses. Let’s […]
How to Stop Bad Actors While Maintaining a Seamless UX — It’s Possible!
As we fast approach year three of the global pandemic, consumers continue to transact online, rapidly expanding the digital economy. While in-person transactions rebounded somewhat last year, U.S. ecommerce sales increased 9.4% year-over year in November 2021, according to Mastercard SpendingPulse™. This measures overall retail sales across all payment types, including cash and check. These […]
What Is a Standard Data Evaluation?
As one of our primary job functions, the Field Data Science (FDS) team works with our sales team and potential customers to assess the best way to prove the value of using Ekata in their production workflow through a standard data evaluation. One of the ways to show this value is through an offline historical […]