Finance and Accountancy Briefing
Fraud prevention that powers growth
Overview
Despite new initiatives in fraud prevention, 88 per cent of large retailers lost money from customer-not-present (CNP) fraud last year. Even worse, 46 per cent of these companies saw levels of fraud actually increase. It seems that as CNP sales grow, so does the threat of fraud. And for merchants predicting significant growth in online sales, the challenges are even greater.
This whitepaper analyses how businesses can work smarter, not harder and look for new ways to identify and block fraud, convert more orders into sales and tackle fraud to power growth.
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