Fraud Surviving & Stopping Fraud in 2020 -> A user's guide. Fraud. It effects us all and nothing is worse than lost business because of scammers. We'll cover some basic fraud attacks and prevention methods in this article.
Photo ID Photo ID Verification: Technology & Trends Identity verification is a practice of ensuring that someone is who they say they are. This practice is enforced to guarantee that users are legitimate and that someone else is not abusing a person’s identity or creating false identities.
Fraud How eCommerce Retailers Use Identity Verification to Impact Fraud Statistically, when a fraudster successfully commits chargeback fraud, there’s a 40% chance that they will repeat this type of transaction within 90 days.
Fraud Combating Chargebacks and ‘Friendly’ Fraud It is estimated that for every $1.00 in chargebacks cost the retailer around $2.50 for the fraudulent charge. At the current rate, friendly fraud will cost merchants upwards of $25 billion this year.
