VP of Partnerships
Co-founder & CEO
In 2020, e-commerce has experienced substantial growth in the U.S.
According to Adobe Analytics, consumers have spent an extra $93.9 billion since March.
However, with high jobless rates, fraudsters have more time for fraud schemes and more financial pressure to commit fraud.
Recent LexisNexis data from July 2020 shows that the number of attacks against merchants and the cost of completed fraud is rising.
In addition to the threat of fraud, merchants also risk declining orders from good customers as online traffic rises.
In ClearSale-sponsored research, Aite Group found that false declines cost merchants 75 times more than card-not-present fraud in 2018.
How can merchants reduce the impacts of fraud and approve more good orders while growing their business online?
Denise Purtzer from WM Digital’s partner ClearSale will share her experience in fraud prevention and e-commerce to describe: