Tag "Vesta"
Cart Abandonment: The Unfortunate Result of Poor Fraud Prevention Solutions
Inaccurate fraud prevention solutions can have a negative impact on your cart abandonment rates. Learn how to prevent this problem from affecting your ecommerce website. With card-not-present (CNP) fraud on the rise, many merchants are seeking out fraud prevention tools
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How to Stay Ahead of the Latest Fraud Trend: SIM Card Swap Fraud
Learn how to protect yourself against the rising threat of SIM card swap fraud. Mobile phones and other devices have become integral to business, education, and socialization. According to research conducted by Deloitte, mobile phone penetration is at 91% in developed countries,
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Striking a Balance Between Fraud Prevention and the Customer Experience
Fraud prevention should never interfere with the customer experience of a website. Learn how to find the right balance between stopping fraudulent transactions, and providing your customers with a seamless purchasing experience. It’s impossible to overstate the risk of fraud
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The Unexpected Cost of False Declines for Your Business
False declines are one the most detrimental consequences of a poor fraud prevention solution. This article explains the unexpected cost of false declines for your business. False declines are a problem that just about every online retailer has to learn
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Friendly Fraud & Chargeback Fraud Prevention as a Competitive Advantage for Vulnerable Industries
Recent fraud numbers can send a chill down any merchant’s spine. According to Experian, e-commerce fraud increased by 30% in 2017 while total online sales increased by 16%. This means that the number of fraudulent activities is growing twice as fast
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The Business Times: Managing Risk of Rejecting Valid Transactions
With e-Commerce fraud and payment scams on the rise, companies must invest in progressive tools to address the cost of rejecting transactions from legitimate customers. Vesta‘s General Manager of Asia Pacific, Shabab Muhaddes shares his thoughts with The Business Times
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How Artificial Intelligence Can Improve Your Ability To Detect Fraud
Online merchants can no longer rely on simple rule-based engines to stop fraud. Utilizing artificial intelligence is essential in protecting your business from modern fraud attempts. The tactics used to commit card-not-present (CNP) fraud have changed dramatically in the last
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PayMongo and Vesta Join Forces to Secure Digital Payments
PayMongo, a Manila-based online payment processing platform, announced its partnership with Vesta, a fintech focused on fraud detection for e-commerce payment solutions, to further enhance the company’s advanced fraud detection capabilities. The partnership adds fraud assessment to protect customers’ accounts
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