37%
mobile vs desktop shoppers
95%
from just 35 percent of mobile users
80%
a mobile phone
Mobile Commerce
Fast Growing Channel
Fast Growing Fraud
The Challenge
Mobile commerce, now accounting for more than half of worldwide e-commerce revenues, offers unique opportunities and challenges in the field of fraud prevention. Mobile phone numbers can serve as a person’s unique identifier, or as a false proxy for a malicious actor’s activity.
The Solution
Combining Fraud.net’s device fingerprinting, behavioral biometric and data enrichment services, mobile commerce can be contained while the channel grows rapidly. Deep learning models can be expertly engineered with the nuances of mobile commerce embedded. Anomalous patterns and behaviors can be identified in-session and challenged with step-up authentication.
Recommended Products & Solutions
A user-friendly case management portal that allows you to set your own rules and review transactions efficiently and accurately.
Machine learning models are expertly engineered with the nuances of your business and industry already built in.
Visualize your real-time data to extract actionable insights, isolate risk and improve your business processes.
Shield serves as your early warning system by detecting malicious bots, fraudsters and other bad actors as they arrive on your site.
Monitor third-party data sources to benchmark your company’s performance including risk intelligence on payment methods, dark web data, IPS vulnerabilities and marketing channels.
Confirm users credentials through login scoring, multi-factor authentication or out-of-band applications.
Mobile-First Growth (and Risk)
Mobile commerce comes with unprecedented price transparency, increased competition, and new fraudulent schemes. Becoming a mobile-savvy organization requires significant effort, from better omnichannel data collection, to making adaptations to the IT backbone, to support for automation and rapid deployments.
But, as early adopters like South Korea have proven, companies that embrace the growing use of mobile devices stand to lead the next generation of growth in digital commerce.
Our Mission
Our Mission is to make every digital transaction safe.
Few things are more exhilarating than building a fast-growing digital business. And few things more alarming than when your business is under attack. Hackers, fraudsters and other malicious actors can cause existential damage to digital organizations in mere minutes.
Having built several sizable e-commerce and fintech companies ourselves, we know that the intelligence of a broad network of companies, combined with real-time bot and fraud detection, can help save your business from critical attacks and losses.