Fiserv integrates Vesta's fraud prevention platform

The Vesta fraud prevention platform helps secure online payment transactions, reduces the decline rate, and includes a ‘Zero Chargeback Guarantee’.

According to Vesta, Card Not Present (CNP) fraud resulted in nearly USD 35.5 billion dollars in losses worldwide in 2020, and an amount estimated to triple in the next four years. Vesta also points out that for each dollar lost to fraud, retailers spend three times the amount in prevention efforts.