Wednesday, July 9

Tag: Device Intelligence

How Top Ecommerce Fraud Prevention Software Tools Use Device Intelligence and Other Advanced Features to Tackle the Latest Fraud Threats
Technology

How Top Ecommerce Fraud Prevention Software Tools Use Device Intelligence and Other Advanced Features to Tackle the Latest Fraud Threats

The European Commission has been very frank about its plans to achieve an Open Finance and Open Data economy. It wants to deliver a digital identity and wallet-based framework as quickly as possible. eCommerce vendors need to understand that digital identity and identity verification are going to be fundamental pillars to all customer journeys on the internet.That’s why payment service providers are pursuing digital identity-related solutions for their platforms. Their main concern (and eCommerce vendors) is that digital payments may get hampered by obstructive compliance protocols. These compliance steps may add friction to each transaction.Now, what if these protocols aren’t as effective at combatting fraud or strengthening consumer privacy? Digital identities are becoming important ...