Rapid growth in online payments has led to both new fraud challenges and potential opportunities. Credit card holders will dispute $30 billion in charges from 300 million transactions this year, a figure that will climb to $35 billion in the next two years. A staggering 70% of those disputes will come from transactions that took place in e-commerce, mobile, or other digital channels, even though total digital transactions only account for only 15% of volume.
Join our webinar with Sift, to learn:
- How the rise in e-commerce transactions has increased chargebacks over the last year, how this impacts retailers and what future trends we can expect
- Why legacy fraud prevention solutions fail to meet the fast-changing, adversarial nature of online fraud and many dispute management solutions are homegrown or manual
- How an end-to-end machine learning solution like Sift allows merchants to easily combat the fraudulent abuse of chargeback rights in real time and automate meaningful action
MD Europe for Western Europe
Newland Payment Technology
Trust & Safety Architec
Sift
