4 Most Important Things to Watch for in Fraud Prevention

blue-4Watch Current Trends, Tactics and Tools

In spite of increased vigilance and technological advancements, online merchants must recognize that fraud prevention is an ever-evolving process, with fraudsters adapting to your current methods like viruses to a disease.

Many merchants who are just starting to do business online believe they will be protected from fraud by the tools offered from the card associations. But the reality is while these tools provide some protection, they will not be enough to prevent sufficient fraud from occurring so that your business can stay open.

A good fraud prevention strategy is constantly evolving to stay ahead of the criminals – from implementing the latest fraud prevention tools and tactics, as well as fully training and equipping all staff members with the strongest possible policies and technologies.

Read blogs, newsletters, whitepapers, attend tradeshows and join LinkedIn groups and professional organizations like Merchant Risk Council to stay current with global ecommerce payments and risks.

Tabitha Stang is a fraud manager with cleverbridge.

Partner Content

The Gift of Wow: Preparing your store for the holiday season - Netsuite
Being prepared for the holiday rush used to mean stocking shelves and making sure your associates were ready for the long hours. But the digital revolution has changed everything, most importantly, customer expectations. Retailers with a physical store presence should be asking themselves—what am I doing to wow the customer?
3 Critical Components to Achieving the Perfect Order - NetSuite
Explore the 3 critical components to delivering the perfect order.
Streamlining Unified Commerce Complexity - NetSuite
Explore how consolidating multiple systems through a cloud-based commerce platform provides a seamless experience for both you, and your customer.
Strategies for Maximizing Mobile Point-of-Sale Technology - NetSuite
Learn the top five innovative ways to utilize your mobile POS technology to drive customer engagement, increase sales and elevate your brand.