The Hidden Risks of In-House Fraud Detection Systems
In the fast-paced, evolving e-commerce landscape, businesses constantly face fraud detection. Merchants who rely solely on in-house systems may miss detecting significant instances of a particular type of fraud known as friendly fraud. This challenging form of fraud often manifests as legitimate transactions, complicating the detection process for traditional in-house systems.
Did 3DS 2.0 Really Make a Big Change?
The world of e-commerce has experienced a significant change with the introduction of 3DS 2.0. But, did it really make a big change? To answer this question, we first need to understand what 3DS is and how it works.
The Hybrid Model
The digital marketplace’s growth has been nothing short of exponential, but it’s a double-edged sword. While eCommerce is a boon to consumers and businesses alike, it also creates an environment ripe for fraudulent activities
Decoupling Acceptance from Protection: A Game-Changer
In the intricate e-commerce ecosystem, operational excellence and customer experience are increasingly intertwined. The decoupling of conversion and protection is an innovative concept significantly refining these areas, enhancing efficiency and security. This advanced strategy, however, requires some deeper understanding.