According to Experian’s 2019 Global Identity and Fraud Report, consumers are willing to give more data for a perceived value - security and convenience.

In this paper, we take a brief look back at where fraud prevention started and explore the evolution our industry must embrace to balance business growth with consumer safety and security.

Fraudsters are determined and relentless. With constantly evolving schemes and alternative methods, fraud prevention has become more difficult than ever. Factor in economic conditions, regulatory requirements and resource limitations and you might feel like it’s impossible to keep pace. So, how can you stay a step ahead?

These five strategies can help you outmaneuver fraudsters— decreasing risk while ensuring the positive experience your customers deserve.

Card-not-present fraud is estimated to reach $19.3 billion by 2022. Online payment fraud will grow 13.7% from 2017-2022, according to Juniper Research.

Still think fraud prevention is too expensive? Juniper doesn't.

Read their new whitepaper, Online Paymen Fraud, for their analysis of the fraud prevention market.

Dive deeper into their data points and see why Experian was identified as the top play in the fraud detection and prevention space in this complimentary whitepaper. In it, you will access important insights and strategies to help you select a fraud management vendor.

Download the report today to learn more!

Justifying financial investment for compliance and fraud prevention technology is challenging. Understanding the benefits of such a robust program that supports both risk mitigation and the customer experience is essential to building the business case for fraud prevention.