Ongoing digitization creates anonymity in online environments facilitating diverse opportunities for fraudulent behavior. Continuous technological development is leading to increased fraud sophistication and expanded attack targets.
The number of fraudulent transactions is ever growing and generating increasing costs for business in the digital arena:
- Global Fraud Index. PYMNTS , October 2017
- Javelin report 2017: Exploring the Financial Impact of Fraud in a Digital World
In the wide fraud landscape, there are numerous prevention solutions in the market. The Fraud Prevention Experts from the Paladin Group have created the Paladin Vendor Report as industry compass in partnership with the Merchant Risk Council (MRC). In the report you can find key details and insights about our fraud solutions and product portfolio that allow automated fraud prevention in real time, stopping fraud even before it starts. The different modules we offer in our platform help identifying, recognizing and differentiating legitimate users, devices and transactions from fraudulent cases. Following a consultative approach we customize the modular solution combinations to the specific client´s needs.
Arvato Financial Solutions Fraud Management offerings support national and international markets overcome the growing challenge of online fraud.