Holiday Ecommerce: The New Bot Threat, the New Defense
This year, holiday ecommerce activity and revenue will rise dramatically – for cyber criminals. Here are what retailers need to know about the new bot threat.
Fraud
6 Retail Fraud Trends to Be Aware of for Holiday 2016
As we approach a busy holiday season, there are several not so pretty fraud trends retailers need to be made aware of. Here are several key trends for retailers to think about this holiday season.
5 Ways to Combat Card Not Present Fraud in 2017
Looking toward 2017, card not present fraud will likely continue to be a concern among merchants of all sizes. Take a closer look at card not present fraud along with five ways retailers can combat it.
The 3 Faces of Fraud: True Fraud, Chargeback Fraud, and Friendly Fraud
Fraud is not something any retailer wants to deal with, and unfortunately it isn’t as easy to understand as one might thing. In today’s retail industry there are three types. See what the three types of fraud are and how you can prevent fraud from happening to your business.
Identifying Fraud: Top Challenge for Remote Merchants
Large multichannel, ecommerce and mcommerce merchants experience between 707 and 880 fraud attempts each month, and upwards of 60% of those attempts succeed. Here’s why merchants need to effectively dispute unjustified chargebacks, but also assess and change practices that may be contributing to errors or approval of unauthorized transactions.
How James Allen Implemented a Fraud-Free Customer Experience
Luxury jewelry retailer James Allen saw the incidence of ecommerce fraud reduced both internally and for customers, with approval rates improved by 1.5%. See how this allowed the company to enhance the customer experience by removing transaction friction.
An Ecosystem for Good – Battling the Lifecycle of Fraud
When battling ecommerce fraud, it is important to fight fire with fire. The most effective fraud solution can stand up to the most sophisticated criminal activity by addressing the full life cycle of fraud and casting a web of well-coordinated intelligence.
Fraud Challenges Rising for U.S. Merchants
Chargebacks are rising at a rate of 20% per year; friendly fraud at a rate of 41% over the last two years – indicating many merchants are still losing the fight against chargeback fraud. See how this is impacting merchants in the U.S.
Address Verification a Colossal Problem for Cross-Border Merchants
Cross-border merchants need more information on which fraud mitigation solutions are best for cross-border transactions, according to LexisNexis Risk Solutions’ 2016 True Cost of Fraud Study. But ultimately, what LexisNexis wants merchants to go back to over and over is address verification. Here’s why.
5 Payment Fraud Challenges Merchants Must Address Now
While the changing environment for merchants, including mobile commerce and card not present (CNP) transactions, presents a number of payment fraud challenges, there are 5 that should take priority. Find out which ones you need to address now.