Five industry best practices to preventing e-commerce fraud in 2024
E-commerce fraud is a growing threat, and staying ahead of increasingly sophisticated fraudsters is critical for businesses of all sizes. Protecting your bottom line and your customers requires a multi-layered…
Put simply, identity proofing is the process a business undertakes to confirm the identity of a user making an online transaction. But in practice, the process is much more complicated…
How to fast-track identity authentication without sacrificing security
Most businesses with an online presence are aware that their customers expect seamless account creation, login and purchasing experiences. Not only that, customers also expect that businesses will keep their…
Building trust online: Behavioral biometrics in identity verification
Running a website or web-based services is a bit like hosting a masquerade ball. You look out over a massive crowd of guests, each donning a unique mask that obscures…
Understanding DORA’s vision for a resilient financial network
The Digital Operational Resilience Act (DORA) was not written with the solutions of a global payment network in mind. One look at its regulatory provisions suggests it might as well have been.…
Address verification services (AVS) are a necessity in the ecommerce world. Address verification service providers allow ecommerce businesses to verify the legitimacy of the customer by confirming that their address…
Why an address verification service is for payment providers and banks
As we have outlined in previous blogs, both address verification service (AVS) and address validation service are vital to any business that serves customers online, regardless of industry. Indeed, risky…
False declines and false positives are costing you revenue
Explore the impact of false declines in ecommerce and learn how to balance fraud prevention with legitimate transactions in this great article by Vesta.
What is AVS & AVS mismatch? How address verification keeps your transactions secure
Address Verification Service (AVS) is the process of verifying the accuracy and validity of a physical mailing address. Individuals or businesses provide these physical addresses to e-commerce companies or banks.…