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Keeping up with the mobile customer

Many fraud and compliance teams are struggling to keep pace with new business dynamics. Here are several of the many mobile device trends affecting business today:

  • 35% year-over-year growth in mobile commerce from 2014-2015
  • Value of mobile payment transactions is forecasted to reach more than $27 billion in 2016
  • 45% of smartphone owners use a mobile device to make a purchase every month

This rapid growth only reinforces the need for aggressive fraud prevention strategies and the adoption of new technologies to prepare for the latest emerging cybersecurity threats.

>> Forrester’s 2016 Vendor Landscape: Mobile Fraud Management Solutions Report