The Paypers Fraud Prevention in Ecommerce 2023 – 2024, Keeping Fraudsters Out While Balancing a Seamless Customer UX has been released and it has been made available for download. Accertify feature on page 77 and you can access the report here.
Key topics include some of the year’s biggest trends such as identity theft and the use of synthetic identities, romantic scams, Authorised Push Payment (APP) fraud and GenAI fraud. The in-depth market research in the complex and ever-evolving fraud ecosystem, helps merchants and businesses understand the main weak points of online commerce and gaining knowledge on how to efficiently fight fraud.
It discusses the most common, yet ever-evolving types of fraud, including chargebacks, scams, and account takeover (ATO), with their latest developments. As AI and behavioural biometrics continue to be on the rise, organisations must be kept in the loop with how fraudsters can use them to bypass security and further authenticate fraudulent payments or steal customers’ identities.