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Online Payment Fraud

Safeguard Your Shopify Store With Bankful Fraud Shield

According to an “Online Payment Fraud” study conducted by Juniper Research, by 2024, e-commerce merchants will lose close to $24 billion to online payments fraud. Fraudsters are also developing increasingly sophisticated fraud attacks.  E-commerce merchants must prioritize and take more proactive steps to detect and also prevent e-commerce fraud. By… 

AI and ML Can Mitigate The Risk of False Positives

Emarketer projected that e-commerce is set to grow another 13.7% in 2021, hitting $908 billion in e-commerce sales.  While e-Commerce is enjoying an unstoppable force of growth, fraud is also quickly gaining ground.  Juniper Research released a study, “Online Payment Fraud: Emerging Threats, Segment Analysis & Market Forecasts 2021-2025,” where…