To maximize holiday season sales, online retailers require adaptive fraud prevention solution powered by advanced machine learning algorithms to ensure legitimate customers undergo no slowdown at the virtual checkout, while spotting and blocking any purchases that use stolen identities....
Simility's Adaptive Decisioning Platform with big data analytics and advanced machine learning capabilities enable businesses to quickly detect evolving fraud schemes....
The low dollar amounts and anonymity associated with gift cards make them an attractive proposition for fraudsters. With advanced fraud prevention technology, digital gift card can be a promising business for the retailers and can contribute to increased revenue and customer retention. ...
Merchants must improve their fraud strategy to combat Buy Online Pick up In-store fraud this Holiday Season....
Omnichannel retailer offering 'Buy Online, Pick-up in Store' option to customers this holiday season must collect and analyze a broad sweep of information to minimize risk...
As retailers gear up for the holiday shopping, cybercriminals lurk as an unknown threat. Along with increasing number of data breaches, criminals are likely to exploit retailers' identity verification systems for sign up and account logins using phishing, fake apps and fake social media accounts. ...
Online marketplaces should leverage leading technology and innovative tools to weed out fake and fraudulent sellers that erode customer trust and tarnishes its reputation....
Artificial intelligence (AI) and machine learning (ML) can help fight evolving cyber-threats from IoT devices in this hyper-connected world....
Cyber attacks are indiscriminate and identity fraud is a growing concern as it can affect anyone irrespective of who we are, how old or how tech-savvy we are. ...
Fraudulent accounts can prove detrimental to business success. Businesses need to shut the door on fraudsters who access sensitive customer information to open new accounts to apply for loans and route stolen money. ...
