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Fraud trends for 2023 look set to be defined by economic uncertainty, increasingly sophisticated AI models, and attempts to exploit SCA exemptions. Mark Strachan, Managed Risk Europe Regional Lead at Cybersource, shares his insights on these three trends and offers guidance on how to tackle them.
chargebacks, artificial intelligence, fraud detection, online fraud, fraud management, fraud prevention, BNPL, KYC, eKYC, KYB, bot attacks, ecommerce, scam, SCA, 3-D Secure, PSD2, EMV, account takeover, ecommerce platform
As peak season approaches under a cloud of economic uncertainty, merchants will look to maximise good orders while minimising fraud. Cybersource directors, Mari-Anne Bayliss and Mark Strachan, share their top fraud attacks to watch out for, and how to balance a frictionless flow for genuine customers against keeping fraudsters at bay.
fraud management, fraud detection, online fraud, fraud prevention, account takeover, payment fraud, transaction fraud, first-party misuse, CNP fraud, credit card fraud
Mark Strachan from Cybersource discusses the latest findings on fraud and payments management, identifying the main types of fraud attacks experienced by merchants, and the steps they must do to keep their businesses protected.
fraud management, fraud detection, online fraud, merchant, ecommerce, payment processing, merchant fraud, payment fraud
Cybersource, SCA, PSD2, merchants, fraud prevention
Mark Strachan, Cybersource, fraud management, data
Mark Strachan, Cybersource, COVID-19, Brexit, fraud, cross-border, MOTO, PSD2, SCA, merchants, account takeover, authentication, phishing attacks, behavioural analytics, ecommerce, tokenization, ransomware, hacking, data privacy
Mark Strachan, Cybersource, ecommerce, fraud, machine learning, behaviour biometrics, data, chargebacks, fraudulent transactions, merchants, fraud management, CNP
Mark Strachan, Cybersource, ecommerce fraud, COVID-19, peak season, merchants, device fingerprint, biometrics, accounts, cards, fraudster behaviour, fraud screening, transactions
Mark Strachan, Cybersource, fraud, Token, bank account, COVID-19, vouchers, account takeover, chargebacks, friendly fraud, machine learning, customer behaviour, fraud management
Mark Strachan, Cybersource, fraud, management, merchants, COVID-19, risks, transactions , screening, bot attacks, account takeover, chargeback, cards, fraud management, fraud prevention, ML, AI