Conversion Rate Efficacy and Fraud Reduction Part 4 September 23, 2021 In part 4, we explore how automation and expert opinion can weigh in on your fraud management needs. Automation Automation is a powerful tool, enabling efficiency and accuracy with properly set parameters. However, even the best automated systems deserve human backup as part of …
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Conversion Rate Efficacy and Fraud Reduction Part 3 September 17, 2021 In part 3, we look at the role customer profiling and tailored checkout processes have on conversion rates and fraud reduction. Customer Profiling For a balance between fraud prevention and high conversion rates, a useful fraud filter must encompass more than fraud identification—it must …
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The Accelerated Transfer to Debit 2021 September 10, 2021 Let’s take a break from fraud mitigation and take a look at emerging trends in finance. Check back next week for part 3 of our “Conversion Rate Efficacy and Fraud Reduction” series. Commissioned by Discover Financial Services, the 2021 Debit Issuer Study, offers insights about the …
Conversion Rate Efficacy and Fraud Reduction Part 2 — Locating the Fraudster September 8, 2021 Well-researched and effectively implemented fraud management tools detect and hinder future fraudulent activity with efficiency. If done wrong, however, conversion rates can negatively affect the outcome of fraud prevention systems put in place. For this reason, merchants should adequately evaluate …
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Conversion Rate Efficacy and Fraud Reduction Part 1 August 18, 2021 Merchants have two important objectives to achieve simultaneously: reduce fraud while raising conversion rates. Fraud’s impacts are further reaching than the obvious loss of goods and chargeback fees. Merchants are at risk in the form of penalties, wasted shipping costs and time lost resolving …
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Brexit’s Impact on European eCommerce August 5, 2021 The United Kingdom operated an eCommerce market worth GBP 92 billion in 2020, according to Euromonitor International. Given the extent of the UK’s importance in cross-border sales, concerns have been raised about the impact Brexit will have on UK and EU online sales of goods. Since implementation …
The Fight Against Online Fraud: Prevention Tools and Merchant Preparedness July 31, 2021 An increased dependence on online shopping cultivated exponential growth in digital commerce during the COVID-pandemic. However, these new opportunities often give way to new schemers: more sophisticated fraud strategies aim to exploit merchant vulnerabilities online. Fortunately, there are effective tools available for …
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Options for Online Casino Buy-In July 22, 2021 Online casinos have been a staple since the early 1990’s, staying true to the mantra: “if you build it, they will come.” And the players have come in droves. The pandemic, among other things, has given rise to increased demand for home entertainment. Online casinos offer their …
Modern Contactless Payments On The Rise July 13, 2021 The modern era of digital transactions has and continues to make significant changes. Roughly 80 percent of consumers have reported making more contactless payment than ever before, while close to a quarter (24%) are attributing increased use of contactless payments to their mobile wallets. The pandemic, …
Visa Spending Momentum Index: A Positive Note on Consumer Spending Growth Post-Pandemic June 30, 2021 In May, Visa Inc. introduced its Visa Spending Momentum Index to measure “the health of consumer spending” across the world’s payment network. The most recent findings indicate that the American economy is faring better than expected in the wake of …
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