When it comes to fraud and fraud prevention, there are three main elements with which online retailers are struggling:
- Fraud costs are rising
- Fraud prevention and management has a persistent cost, with both overt and hidden components
- Fraud costs are a volatile element of the business: difficult to predict, and difficult to benchmark.
In this white paper we highlight ways that online businesses can reduce the costs of both fraud and fraud prevention, and increase the forecasting accuracy of elements associated with this area by leveraging new technologies and approaches. Download the report to learn more!