Exposing Device History Reduces ‘Friendly Fraud’ Rates - Marco Spoerrle

Exposing Device History Reduces ‘Friendly Fraud’ Rates - Marco Spoerrle

For many online merchants, friendly fraud is a persistent problem. Without the right security tools in place, it is difficult to identify whether or not a customer is committing fraud.
According to the article, “Friend and Foe? Combating E-Commerce ‘Friendly Fraud’,” financial cybercrime against card-not-present (CNP) retailers can take many forms. While MasterCard says 70% of [...]