Scare away fraudsters and start prepping for the holidays

Scare away fraudsters and start prepping for the holidays

Halloween might be over, but fraud can be a much scarier prospect for businesses in November and December. This month, we’ll explore how AI and other emerging technologies can help take the fear factor out of payment fraud. We’ll also look at smart strategies for businesses through their busiest time of the year, the holidays.


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Fraudsters have embraced AI. Here’s why you should, too

Cybercriminals are using AI to automate fraud. But you can use it to fight back—with machine learning models that can distinguish risky transactions from valid ones quickly, accurately, and automatically. Check out the 2023 Visa Merchant Fraud Report to explore how.

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Happy Holidays? Already?

As we head into the holiday season, we once again encounter the big sales opportunities and potential challenges that come with it. Here are six key strategies to help you maintain a secure, efficient customer experience through another busy and hectic holiday season.

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Insights made easy: Check out our new industry analyst roundup

What payment industry news and trends should be on your radar? Stay a step ahead with this curated, easy-to-read monthly roundup of insights from the payment industry’s top analysts.

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“Despite attracting the greatest number of fraud attempts, ecommerce has a fraud success rate of 0.46% - well below the overall average.” - 2023 Visa Merchant Fraud Report

Comparisons, statistics, research and recommendations are provided “AS IS” and intended for informational purposes only and should not be relied upon for operational, marketing, legal, technical, tax, financial or other advice. Visa neither makes any warranty or representation as to the completeness or accuracy of the information within this document, nor assumes any liability or responsibility that may result from reliance on such information. The Information contained herein is not intended as investment or legal advice, and readers are encouraged to seek the advice of a competent professional where such advice is required.


Ife Kalejaiye

Digital Transformation | FinTech Product Ops | AI for Banking | Money 20/20 RiseUp ‘24 Academy | MIT Sloan Fellows ‘23

1 年

Taking care of the clients’ clients.. ??

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