Along with large-scale data breaches, fraudsters are infiltrating systems to amass user information using techniques smarter than ever before. They trade stolen personal information for cash, or misuse it to commit crimes extremely tough to detect. ...
Avenues for fraud are increasing amidst disruptive services, changing regulations, and rising customer expectations. At the same time, fraud armed with sophisticated technology is becoming strategic and targeted. Digital businesses will be required to strike a fine balance between fraud prevention and seamless experience to attain growth in 2019....
As 2018 draws to close, Simility had a tremendous year. We’ve undergone an acquisition, launched more features and updates than ever before. Simility continues to help businesses overcome multiple challenges spanning rising customer expectations in terms of enhanced convenience, increasing numbers of connected devices, mounting pressure of staying compliant with...
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....
