Aston Way, Moss Side Development Park, Leyland, Lancashire, PR26 7UX
Risk & Fraud Management
Fraud not only causes financial loss, it can significantly affect brand reputation and drives
customer attrition.
According to a Nilson report, by 2020 global card fraud losses will exceed $35 billion despite the introduction of EMV. Fraud is shifting to the ‘card not present’ environment, targeting individuals and businesses alike, and fraud attempts and cyber-attacks start to focus on new payments technologies.
Payment service providers need to mitigate fraud risk, analyse each transaction in real-time and monitor fraud across all their channels. Even though each channel has its characteristics and specific fraud risks, there is a lot of benefit in managing fraud detection and prevention across all channels.
Sincerely pulpandpaper-technology
Regards,
Client Success Team (CRM),
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Sincerely Packaging Labelling
