FRAUD DETECTION MONTH: Identifying vulnerabilities in UK online retail
For senior e-commerce and payments security professionals, vigilance is paramount. The ever-evolving landscape of cyber threats necessitates a proactive approach to identifying and mitigating vulnerabilities. This article explores strategies to conduct a thorough internal risk assessment, helping you fortify your online store’s defences against fraudsters… Why Internal Risk Assessments Matter: While external penetration testing uncovers exploitable weaknesses from a […]
Fraudulent UK banking transactions to total 38 million over next five years
A study from Juniper Research asserts that the number of fraudulent banking and money transfer transactions in the UK will increase 111% over the next five years, from 4.2 million in 2024 to 8.8 million in 2029. Despite the UK being one of the most technologically developed FDP (Fraud Detection & Prevention) markets, it anticipates additional measures, such […]
FRAUD DETECTION MONTH: How to select excellence in a sea of vendors
As a seasoned anti-merchant fraud professional, you understand the ever-evolving landscape of financial crime. Equipping your organisation with the right fraud detection solutions is crucial for safeguarding your business and customer trust. But navigating the sea of vendors and promises can be daunting. Here are some top tips to help you source trusted fraud detection solutions for your […]
FRAUD DETECTION MONTH: How the latest tools are helping to shield the bottom line
Fraudulent activity is a persistent threat for both retail and banking sectors in the UK. Anti-fraud professionals are constantly on the lookout for innovative solutions to combat ever-evolving scams and safeguard customer funds. The landscape of fraud detection is experiencing a significant shift, with technology playing an increasingly crucial role in mitigating financial losses and protecting consumers… The […]
Demand for fraud detection solutions to drive market to $252bn
The fraud detection and prevention industry generated $29.5 billion in 2022, and is anticipated to hit 252.7 billion by 2032, equivalent to a CAGR of 24.3% over the forecast period. Analysis by Allied Market Research cites the introduction of big data analytics and cloud computing service, plus an upsurge in mobile payments, to bolster the […]
Do you specialise in Fraud Detection Tools or Anti-Fraud Platforms? We want to hear from you!
Each month on Merchant Fraud Briefing we’re shining the spotlight on a different part of the market – and in July we’ll be focussing on Fraud Detection Tools & Anti-Fraud Platforms. It’s all part of our ‘Recommended’ editorial feature, designed to help industry buyers find the best products and services available today. So, if you specialise in Fraud […]
