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Consumers transact across a range of devices, storing more personal information online than ever before. Fraudsters are cashing in on the diverse eCommerce landscape, capitalizing on new techniques to steal credit card and identity information, and the availability of ever-more sophisticated malware. As mobile transactions continue to increase and we shift to a one-click world, businesses need to strike a delicate balance between fraud and friction. Although payment fraud can be debilitating for a business, insulting legitimate customers with inaccurate authentication or unnecessary friction can also have hefty ramifications for revenue, customer lifetime value, and reputation.
Download infographic to review the risk trends for eCommerce landscape.
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