Big Boom in Online Payment Fraud Detection Industry
Big Boom in Online Payment Fraud Detection Industry Internet fraud prevention will stop various types of internet fraud. Because of the many different ways that fraud can be committed over the Internet, such as stolen credit cards, identity theft, phishing, and chargebacks, it is imperative that Internet users, including online merchants, financial institutions, and consumers who make online purchases, avoid or minimize the risk of to fall prey to such scams. Get Sample PDF Some of the key players of Online Payment Fraud Detection Industry : ACI Worldwide, NICE Actimize, BAE Systems, DXC Technology Company, Experian Information Solutions, Dell, Fiserv, FICO, IBM, FIS, Software AG, SAS Institute The speed and sophistication of fraudulent online actors continues to grow. According to a 2017 study by LexisNexis, fraudulent companies (merchants, credit card companies, and other institutions) cost $ 1.00 between $ 2.48 and $ 2.82 - "This means that fraud can cost you more than the 2 1...