Author: Gowri Shankar Balasubramaniam
An omnichannel retail strategy helps you reach more customers, at the same time, leaves you vulnerable to sophisticated types of fraud. Omnichannel e-commerce is becoming more relevant in Europe. Adopt the right omnichannel fraud prevention strategy to secure your transactions and protect your revenue. Understand the types of omnichannel payment fraud that can happen and what you can do to fight them.
PCI DSS is the gold standard to ensure that card payments are carried out safely and securely. Merchants have to comply with these standards to protect from losses or even possibly going out of business.
Payment fraud can be costly to your brand’s reputation. You need to have intelligent systems in place to prevent fraud before it happens.
New anti-fraud regulation in Europe mandates that businesses adhere to SCA norms while processing online payments. But how does this affect you, and what should you know?
Businesses in Europe are facing greater risk from fraud. As newer forms of fraud emerge, merchants have to stay ahead of hackers else risk being disrupted. In fact, within the first few months of the crisis starting, global phishing attacks shot up by a whopping 667%.