As fraudsters become more sophisticated and target businesses even earlier in the transaction process, merchants need to optimise their fraud systems to weed out bad customers and bad transactions alike, without compromising the experience for good customers.
Optimising Fraud Management in the Digital First Economy
Ecommerce fraud trends and statistics merchants need to know in 2023
With dramatic global growth and expansion across ecommerce, fraud continues to surge. Let’s take a look at the trends and statistics you’ll need to know. Article at a glance Global ecommerce fraud is increasing, with losses reaching $41 million in 2022 and predicted to exceed $48 billion in 2023. Europe faces significant ecommerce fraud […]
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.
Four ways to bring value to your ecommerce fraud prevention team
In an ever-competitive market and in a fluctuating global economy, online retailers have to be strategic when it comes to staying on top of profit margins. Unfortunately, the only sure-fire way to improve margins is to raise prices or cut costs (or a combination of both). Since raising prices turns away customers, most online retailers […]
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