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Online fraud is growing

Online channels are critical to businesses and their customers. They’re also very attractive to criminals.

Digital fraud tip sheet

Online and mobile channels are critical to businesses and their customers. They're also very attractive to criminals. Businesses need to anticipate an increase of online fraud over time and be prepared to defend the institution and your customers.

Digital e-Commerce fraud is increasing. Be prepared. Protect your business and customers with a multi-layered approach to fraud prevention.

The value of employing a multi-layered approach to fraud prevention—especially when it comes to authenticating consumers to validate transactions—cannot be understated.

By securing all the points of the customer journey, businesses can better protect themselves from fraud, while maintaining a good consumer experience. More importantly, having the right fraud solution in place can help businesses prevent losses both in dollars and reputation.

Fraud is evolving.

Card-not-present (CNP) fraud has risen 40% since 2016

(Source: 2017 Identity Fraud Study Javelin)

e-Commerce fraud spiked over 30% from last year

(Source: Experian)

Account takeover (ATO) losses reached $2.3B, a 61% increase YoY

(Source: 2017 Identity Fraud Study Javelin)

Keep ahead of the fraudsters

As much as we don’t want to admit it, fraudsters are smart! Not only are they persistent but they are innovative, they keep up with the ever-evolving technology and have established a criminal sophistication that is difficult to maneuver against.

While it may be challenging to keep pace with them, it certainly isn’t impossible. 

We enable businesses to detect, monitor and assess the risk of fraud at every stage of their customer relationship. For us, it’s all about helping you catch fraud and protecting your customers. Give us a call at (888) 727 8330.