Enterprises find that despite spending billions annually on tools to detect online fraud, direct fraud losses continue to climb. Juniper Research estimates that online fraud losses in aggregate are projected to exceed $48 billion per year by 2023.
Current fraud tools require extensive configuration, generate uncertain risk scores, require fraud teams to develop their own rules to defeat fraud applying a lot of friction to legitimate users, hurting revenue.
In this informative webinar, you’ll learn:
- The major sources of online fraud, including bad bots and malicious humans
- Some of the shortcomings of today’s approaches to online fraud detection
- Provocative metrics to help you understand online fraud and its impact on business outcomes
- A totally new approach to preventing online fraud using AI