No matter the attack vector, bad actors have a singular strategy in place when it comes to eCommerce fraud. They want to accumulate as much data as possible, and even payment credentials, so they can best monetize that data through the ecosystem.
There are ways for forward thinking merchants and financial institutions to bolster their defenses — keeping bad actors out and good customers in the mix. Tokenization and data encryption help but are not the be-all and end-all of fraud fighting efforts.
Listen to this PYMNTS podcast to hear Jason Paguandas, VP & GM of Merchant Security and Fraud, Carat from Fiserv, and Karen Webster, CEO of PYMNTS.com, discuss the state of merchant security and fraud in the era of digitization plus effective tactics to help combat fraud.
Learn more about our Fraud Mitigation solutions or contact us today to discuss the best fraud mitigation strategy for your business.
