Posts Tagged ‘fraud prevention’
Telling the Story: How an Effective Human Intelligence Team Performs Manual Fraud Review
When we talk about the benefits of employing a human intelligence team (several of which we discussed in a previous post), we tend to emphasize that manual fraud review is a highly specialized skill that should be performed by experienced fraud analysts. But why does manual fraud review work require so much experience? Why is…
Read MoreSecure and Friction-Free for the Holidays: 5 Tips to Simplify Your Checkout Process
The holiday shopping season is here. Is your business ready? According to Gartner’s 2023 Holiday Marketing Guide for Retail, 19% of consumers planned to begin shopping for the holidays in October, while 29% more planned to begin shopping in November. That means the holiday shopping season is officially upon us! But merchants should beware that…
Read MoreMore than Manual Review: 5 Reasons Your Business Needs a Human Intelligence Team in an AI World
It’s well known in 2023 that AI is the future. Any casual observer will be aware of the impact ChatGPT is having on content generation. AI and machine learning models are also a more and more common aspect of ecommerce fraud prevention strategies. According to the MRC 2023 Ecommerce Payments and Fraud Report, 41% of…
Read MoreA Successful Fraud Team Knows How to Answer These Three Questions
The case for building and maintaining a fraud team is quite simple: each year billions of dollars of products and services are targeted by eCommerce cybercriminals. Without professionals skilled at snuffing out fraud attempts, the financial performance of the company suffers. A mission-focused, well-staffed, and effectively operationalized fraud team is an investment that leads to a bolstered…
Read MoreNo Genies Necessary: 3 Wishes a Successful Fraud Team Grants
My four-year-old daughter is into Shimmer and Shine, a delightful children’s television program about genie sisters named Shimmer and Shine. These genie sisters grant three wishes per day. And occasionally, the sisters need to use their wishes to thwart their archenemy, a sneaky sorceress named Zeta. By the end of the episode, Zeta is put…
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