Category: eCommerce, Page 3

Read and learn about fraud prevention and identity verification in the eCommerce industry with the following articles and posts by Ekata, a Mastercard company.

Identity Verification Boost KYC compliance

Ekata

What Do You Do When KYC Drives Consumers Away?

Intersekt, 2022 Ekata Roundtable In the days of brick-and-mortar locales, Know-Your-Customer (KYC) was a simple process; the customer was standing in front of you. You could even hold their hand as they opened an account, if you so wished. No one was frustrated by multiple captcha codes and biometric scanning requirements, abandoning the checkout process. […]

11.8.2022

Ekata

The Importance of Trust (and Safety) in the Digital Marketplace

Building and maintaining trust is paramount to online marketplaces, which are often tasked with safeguarding the lives and property of their customers. Accordingly, the ramifications of losing that trust can be steep. In a 2021 PwC survey, 44% of consumers said they stopped buying from a company due to a lack of trust. People want […]

11.2.2022

Ekata

Strike That Balance: Fight Identity Fraud, Provide Seamless Customer Experience

Intersekt Panel 2022 Asks: What Are the Trade Offs? “The bar has been raised – and expectations are even higher,” Mastercard’s Vice President of Digital Identity, Matt Bourne When it comes to seamless, immediate customer experience, consumers have been spoiled for some time now. Streaming services, car-share rides, or pizza delivery not up to scratch? […]

11.1.2022

Ekata

Is your Fraud Team Ready for the Holiday Season?

In Conversation with Ekata and Click Frenzy at Australia’s iMedia Online Retail Summit, 2022. If anyone knows the power of preparation ahead of a busy sales season, it’s Grant Arnott, the cyber-sale pioneer behind Click Frenzy. Ekata’s James Sibbick sat down with Arnott at the iMedia Online Retail Summit. Together, they asked the room: is […]

10.13.2022

Ekata

Optimizing Fraud Management in the Asia Pacific Digital First Economy

A discussion into the changing APAC digital landscape The Rise of the Digital Economy Here’s what we already know: the potential of the digital economy – the broad range of economic activities that use digitized information and technology to drive productivity growth – has been recognized for decades by numerous business leaders, innovators, researchers, and […]

4.4.2021

Managing Ecommerce Risk to Increase Monthly Revenue

Ekata

Case Study: Reduced False Declines and Increased Monthly Revenue Through Ekata Risk Scores

While the approach to capturing fraud and false declines varies from company to company and from industry to industry, one thing is certain: implementing an end-to-end identity verification solution into your risk assessment model is essential (to reduce ecommerce risk). In this case study, Ekata performed a historical analysis on previous transactions accepted and declined […]

2.1.2021

Ekata

How Stopping Fraud Early Can Increase Your Bottom Line

As the digital world continues to evolve, merchants are battling various types of fraud to protect both their customers and their bottom line. As fraudsters become more sophisticated and target businesses even earlier in the transaction process, merchants need to take a multi-layered approach to weed out bad actors and bad transactions alike. Ekata’s latest […]

1.4.2021

Ekata

Ekata Performance Amidst the Holiday Shopping Surge

It’s clear that holiday spending will be different in 2020 from previous years. Crowds might not be rushing to the front doors like normal, but the holiday rush is already among us. Due to COVID-19, many retailers have already started promoting holiday deals as early as October, and plan to stretch those out over a […]

11.12.2020

Ekata

How Phone and Email Data is used in Transactions Around the World

Regardless of where you are in the world, Ekata can help verify your identity, determine whether or not a transaction is high risk or low risk, and give the data needed to appropriately respond to each transaction. This is the reason we are in such a unique position to speak from a global perspective on […]

10.30.2020