Aite-Novarica Group’s The E-Commerce Fraud Enigma: The Quest to Maximize Revenue While Minimizing Fraud Report found the average false decline rate is 1.16%. With over $960 billion in U.S. online sales in 2021, lost sales due to false declines total more than $11 billion, a substantial impact for merchants and their customers.
Experian’s 2024 Future of Fraud Forecast sheds light on five of our fraud predictions. From generative AI to retail and small business scams, join our experts to learn what today’s sophisticated fraudsters are scheming for tomorrow and how to protect your business and your consumers.
The proliferation of new fraud schemes is growing exponentially. From generative AI to retail and small business scams, join our experts to learn what today’s sophisticated fraudsters are scheming for tomorrow and how to protect your business and your consumers.
In our latest infographic we explore rising fraud trends and consumer concerns. Learn about frictionless fraud prevention strategies to securely accelerate onboarding new customers with ease.
Read how our custom ID theft model helped this client prevent $3 million in losses while increasing efficiency.
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