Ecommerce Payment Fraud Outlook 2017-2020

Emily VuittonEcommerce79 Comments

Ecommerce Fraud Outlook 2020

There are a lot of reasons to be vigilant between now and the year 2020. Online payment fraud will continue to be a threat. And gift card scams will still cause some headaches. For example, card-not-present (CNP) transactions accounted for 60% to 70% of all card fraud in many developed countries. This was based on a 2016 report from Juniper Research. And that’s only one jaw-dropping statistic. We looked at Juniper’s findings and compared them Worldpay‘s 2016 report … Read More

Ecommerce Payment Processing Threats (And What to Do About Them)

Emily VuittonFraud Prevention2 Comments

Ecommerce_Payment_Processing_Threats

Online sales are poised to have a big year — both in sales and fraud losses. The NRF predicts 2017 ecommerce sales to grow three times faster than the retail industry overall. These swelling online sales are ripe for previously-card-present fraudsters thwarted by increased EMV adoption. In a Visa webinar titled Identifying and Mitigating Threats to E-commerce Payment Processing, Erik Rasmussen, Director of North American Cyber Security Intelligence, explains the threats posed to online merchants by … Read More