Unfortunately, many online companies view fraud management as a cost they don’t need right now, while failing to see the advantages and incremental sales opportunities that a proper fraud detection platform can offer. Read more...
$100 BILLION WAS LOST TO ONLINE FRAUD IN 2011.
MERCHANTS PAID 100% OF THAT $100 BILLION.
I Don’t Have a Fraud Problem!
This is the most common response I hear when I tell ecommerce business owners that I am from Kount. These owners and managers talk about how they don’t have a product that fraudsters want, they’ve never had a chargeback issue or they will worry about fraud later. Of course, no company has a fraud problem. Until they do. Read more...
Are Retailers Truly Ready for the Mobile Surge?
Late last year Kount sponsored a survey designed to get a pulse on mobile fraud, or more specifically, how retailers and payments experts felt about the threat of fraud on this surging payment channel. We recently released the results of the Mobile Fraud Survey, which you can download here. While surging sales trends balanced by the limited percentage of overall revenue held true to many other mobile payment reports we’ve seen, we were stunned to see the minimal to non-existent fraud protection in this channel. Read more...
IRX, RBTE highlight Kount’s European Tour
We had a prolific couple of days at the Internet Retailing Expo (IRX) as we continue to expand our focus in Europe, from speaking with leading journalists and meeting a number of e-commerce’s finest. Above all, we are excited by the possibilities to help European companies tackle their fraud issues and boost sales. Read more...
Hacking Away Your Bottom Line
There is no shortage of press about hacking these days, especially when the media itself is in the crosshairs along with many notable tech giants. While it may take years to determine the true impact of stolen information, merchants should be concerned about a less publicized report that captures the impact of increasing identity thefts and what that means to business. Read more...
Eliminating the Holiday Hangover
Site visits are up, customers are buying and sales are surging. While the holidays bring much needed cheer to the online retailer’s revenues, there is always a nagging concern about what today’s sale could bring two months from now… Read more...