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The biggest online fraud threats for the subscription industry information-age.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from information-age.com Daily Mail and Mail on Sunday newspapers.
Starbucks sees mobile, loyalty boost sales; Stripe adds sales tax through TaxJar deal paymentssource.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from paymentssource.com Daily Mail and Mail on Sunday newspapers.
Mastercard heightens South African small-biz push; Curve's 'rejection protection' paymentssource.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from paymentssource.com Daily Mail and Mail on Sunday newspapers.
Merkel downplays lobbying for Wirecard; Southwest Airlines' point-of-sale credit paymentssource.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from paymentssource.com Daily Mail and Mail on Sunday newspapers.
The research found that while merchants want to reduce fraud rates from their current levels, they’ve been reluctant to introduce extra friction into the checkout process. The report identified that clear messaging around security checks and automated behavioral analytics leveraging artificial intelligence (AI) is key to preserving the user experience. “While the need for security is greater than ever, the competitive e-commerce environment means merchants will need to ensure that extra security checks are justified to the user, or they risk higher cart abandonment rates,” said co-author, Susan Morrow. Researchers claimed China will be the largest single e-commerce fraud market in the world, accounting for over 40% of the worldwide e-commerce fraud losses in 2025. That would amount to over $12 billion in fraud. The report’s authors cited China’s massive e-commerce market and relative lack of fraud detection and prevention platform deployment as the key drivers. ....