Online marketplace fraud affects more than the consumer – it impacts businesses as well, and this impact is growing in magnitude. The cost of eCommerce fraud per dollar increased from $2.40 to $3.36 in four years, from 2016-2020. These digital platforms enable a one-to-one connection between sellers or service providers and consumers. And while the
As the mobile industry continues to grow, with an estimated 4.68 billion mobile phone users worldwide by 2019 (Statista), being able to securely verify mobile users has become one of the most important steps to blocking all types of fraud. In fact, according to a new RSA Security report, “the fraudulent activity carried out via
Headlines around the world remind us that breaches have become commonplace for far too many businesses. Establishing reliable end-user security is now a requirement for any Web or mobile application in the market. Phone-based verification is a simple way to help protect your brand and your business, and more specifically for end-users, extending security options
Your user base is essential to the success of your business. Protecting your users and your business from fraud is key to ensuring that you continue to grow this valuable asset. In fact, a recent study conducted by Ponemon Institute* reported that the average value of a user base increases by 44% when investments are