Fraud Prevention
With most of the world under stay-at-home orders, traditional crime rates have fallen. But cybercriminals are unaffected, exploiting people's fear and confusion from the safety of their homes. What does this mean for the future of fraud?
We’re living in the future – well at least the future we imagined not very long ago. Cars are beginning to drive themselves, voice assistants are able to complete tasks for us, and we can unlock our phones using our face. All of these improvements are advancements in technology powered by machine learning. This is … Continued
Part one: The Fraud Prevention Space’s Complex Optimization ProblemPart two: What You Can Gain by Partnering With a Fraud Prevention VendorPart three: An Overview of Fraud Management Solution Types: Pros & Cons In this blog post, we are going to focus on the questions you should ask yourself when choosing a new fraud prevention solution. We know … Continued
Here is part one: The Fraud Prevention Space’s Complex Optimization ProblemHere is part two: What You Can Gain by Partnering With a Fraud Prevention Vendor If you are already searching for a new fraud prevention solution you’re probably looking to improve your performance. You’ve likely defined the goals you’d like to achieve by partnering with … Continued
Here is part one: The Fraud Prevention Space’s Complex Optimization Problem Before going through the complex process of choosing a new fraud prevention vendor to partner with, you should ask yourself what you want to achieve from the partnership. In this blog post, we will focus on the potential benefits you can gain by partnering … Continued
This is the first post in a five-part series, written to support you in the process of choosing the fraud prevention solution most suitable for your business and its needs. A matter of priorities The amount of resources and effort ecommerce brands invest in leading potential customers through their purchasing funnel to checkout is enormous. … Continued
Many of the conversations Riskified has with eCommerce merchants revolve around quantifying the impact of CNP fraud on their online business. It’s a tricky thing to figure out. There are chargebacks, sure, but then there are the costs associated with preventing fraud, like detection tools and operational expenses. And most hard to measure are false … Continued
As any eCommerce merchant knows, chargebacks are a serious challenge to the viability of a business. Not only do they cost the refund and the value of the goods, there’s also a bank processing fee to add insult to injury. Rack up too many chargebacks and a merchant ends up at risk of being forced … Continued
Fraud detection as a means to boost revenue is an important growth strategy. And ROI, or return on investment, is a crucial part of assessing the resilience of your fraud operations. The broad term “fraud management” accounts for metrics like approval rates, and chargebacks. But accurately calculating ROI goes well beyond these two numbers. False … Continued
