As published in CNP – 01/16/2020
A new report from Kount and Javelin Research finds the top three fraud threats for retailers are stolen card fraud, account takeover, and fraudulent new accounts.
Javelin surveyed hundreds of respondents across the retail, restaurant, insurance, and financial industries and found more than 40 percent of businesses say fraud is getting in the way of expansion into new digital channels and services.
The report also found that 48 percent of consumers are more sensitive to anti-fraud measures that disrupt their online experience than they were a year ago.