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 […]

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 […]

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 […]

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 […]

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 […]

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, […]