The holiday season is sometimes referred to as the most hectic time of the year — and that’s not taking pandemic repercussions into account. This year, retailers must think about rebalancing in-store and online channels, planning around supply chain disruptions, and offering the variety of shopping, payment, and fulfillment options that digital customers desire. Riskified’s […]
Fraud Prevention
Fraud Prevention
5 Top Prevention Strategies of Ecommerce Fraud
Global online retail sales are expected to surpass the $7 trillion mark by 2025, according to eMarketer. So that’s the good news. However, the bad news is that this notable growth in sales will inevitably lead to a rise in eCommerce Fraud. In this blog, I will discuss top prevention strategies of ecommerce fraud. Beginning in […]
Fraud Prevention
Raising the Digital Bar: A Report for the eCommerce Fashion Industry
2020 turned the fashion industry on its head, sending in-store revenues plummeting while eCommerce sales soared. A transition that would’ve taken years was completed in a matter of months, giving businesses that were already strong digital players a significant advantage. Those who were not, on the other hand, often struggled to accommodate the shopping boom […]
Fraud Prevention
A Crisis of Confidence
Ecommerce fraud is a global problem. On that, everyone agrees. But new research from Riskified shows that merchants and consumers don’t see eye-to-eye on a key issue in fraud prevention. Consumers are not particularly confident in merchants’ ability to combat fraud. To measure the gap between how merchants and consumers view fraud prevention, Riskified conducted […]
Fraud Prevention
Evolution of Payments & Declines
Remember the good ol’ days of bartering? Probably not, since it hasn’t been a proper form of payment in over 5,000 years. Society shifted from bartering to using barley, then coins, and later banknotes and checks to represent value. With modern advancements in technology came plastic cards, eWallets, and other new payment methods. While this […]
Fraud Prevention
Back to the Basics: 3DS Explained
3-D Secure, or 3DS, is a strong customer authentication protocol activated during a card-not-present (CNP) checkout process to confirm the cardholders’ identity prior to authorization. It is an extra layer of protection designed to reduce the risk of online fraud. Merchants all over the world use 3DS as a component of their eCommerce fraud prevention […]
Fraud Prevention
Primed for Prime Day: The Dual Fraud Headache of Online Marketplaces
Get the whitepaper Online marketplaces have dominated the eCommerce space for the last decade, from giants such as Amazon, Wish, and Alibaba to vertical B2C/C2C marketplaces offering specialty curated goods, such as StockX, Vestiaire Collective and others. With Amazon’s Prime Day around the corner, the entire eCommerce ecosystem is gearing up for this year’s much […]
Fraud Prevention
The Year That Fired Up The Sneaker Industry
This behavior confirmed a growing consensus that sneakers are becoming more and more like global financial assets. They trade like currency on a variety of reseller platforms such as Flight Club, Stadium Goods, and StockX. The year for sneaker fans, and fraudsters When we first provided an outlook on sneakers in June 2020, we predicted […]
Fraud Prevention
A Helpful Hand: How Partnerships Can Boost Airlines’ Recovery
Airlines are not strangers to turbulence. But in early 2020, the COVID pandemic introduced airlines, and the global travel industry, to challenges on a new scale. With vaccine rollout, the future is promising but the business environment will continue to be a challenging one. If airlines take advantage of the current ‘downtime’ to prioritize cost-saving solutions, […]