4 Steps to Start Reducing False Declines

4 Steps to Start Reducing False Declines

The bad news for e-commerce merchants, consumers, and financial service providers is that losses from e-commerce fraud are projected to hit $6.4 billion in 2021. But wait, it gets worse. Losses from false declines will likely reach $443 billion—almost 70 times more.

What does this mean for merchants’ and financial institutions’ fraud prevention?

Download now to find out what triggers false declines and how to:

  • Increase data completeness
  • Detect synthetic identities
  • Increase order accuracy
  • Accelerate decision speed

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