Shopping-related fraud: The coal in retailers’ stockings this holiday season
Accertify President Mark Michelon and Tina Eide, EVP of fraud and banking product risk at American Express, discussed holiday shopping-related fraud and fraud management solutions with Taryn Plumb of VentureBeat, an online technology news platform.
American Express and Accertify teamed up 12 years ago to help thwart such scams. “Over the course of our work together, we’ve consistently identified new trends and techniques that fraudsters are using,” said Eide. “The threat landscape for fraud is constantly changing and we have to anticipate what’s coming to help provide protection.”
Michelon and Eide shared threats that retailers need to stay vigilant about this holiday shopping season and provided fraud prevention tips.
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