Loading...

Fraud Protection and Consumer Views

Published: August 5, 2018 by Guest Contributor

Believe it or not, 66% of consumers want to see some visible signs of security and barriers when accessing their accounts so they can be sure that a transaction is more secure. Other takeaways from our 2018 Global Fraud and Identity Report:

  • Nearly 3/4 of surveyed businesses cite fraud as growing over the past 12 months.
  • 30% of surveyed businesses are experiencing more fraud losses year-over-year.
  • While 83% of businesses believe that their fraud solutions are scalable, cost is the biggest obstacle to adopting new tactics.

There’s a delicate balance in delivering a digital experience that instills confidence while allowing for easy and convenient account access. It’s not easy to deliver both — but it is possible.

Related Posts

With fraudsters continuously refining their methods, fintechs must invest in advanced fintech fraud detection and prevention solutions.

Published: October 15, 2024 by Theresa Nguyen

Call center fraud is a growing threat, and it’s crucial for businesses to take steps to protect their operations and their consumers.

Published: September 26, 2024 by Brian Funicelli

Fraud-as-a-Service (FaaS) represents an emerging and increasingly sophisticated business model within cybercrime. Read more.

Published: September 19, 2024 by Alex Lvoff