Mobile offers fraudsters more options than any other channel
In the recent report, “Vendor Landscape: Mobile Fraud Management Solutions,”
Forrester estimates that US mobile commerce (both phones and tablets) will top $252
billion by 2020, while mobile payments will exceed $141 billion in 2019. ₁As new types
of mobile commerce and payment methods, from peer-to-peer (P2P) payments, financial
technology (FinTech), and mobile wallets proliferate, fraudsters are quickly moving
to the mobile channel as well.
To keep up with this pace of change, it’s crucial you have the right fraud
detection technology in place. Experian was listed as having nine out of the ten capabilities
Forrester identifies as necessary to combat mobile fraud. The report cites that Experian
Mobile fraud management models built-in
User profiling across mobile devices
Unsupervised machine learning for mobile behavior profiling
Built-in support for GPS data in risk scoring
Built-in support for accelerometer data in risk scoring
Built-in detection for device jailbreaking/rooting
Own device fingerprint and device reputation
Mobile SDK for app developers to collect data on device.
Download this complimentary Forrester report today to learn more.
Vendor Landscape: Mobile Fraud Management Solutions, Forrester Research, Inc., June
Forrester Vendor Landscape*$*Experian cited in Mobile Fraud Management Solutions Report*$*/assets/decision-analytics/images/forrester-400x400.gif*$*en_US