How to get into the world of #fraudidentification?

Fraud identification online – with the recent developments in the online market whereby 60 % of shoppers expects to spend more online in the coming 2 –3 years. Over 1000 consumers were questioned in the UK to find out all new trends concerning shopping. The survey of over 1000 consumers shows how internet shopping has moved from being used occasionally to become routine, with 14% of people now buying on the web more once than once a week, compared to only 4% in 2007, while nearly one in five respondents say they are spending more than half of their disposable income online.

Identification of fraud becomes more important every day. ReD, the cocktail sponsor for the Internet Show in Melbourne next week, identified one of the key tools to identify fraud to be the pattern detection engine. This is however as good as the date fed into it – and the the more detailed and international the information the better. ReD has the world’s largest online screening databases which contain millions of suspicious data elements, pooled from every corner of the world. This data covers all types of businesses, including retail, travel, gaming, telecommunications, banking and the petroleum industries, providing a global overview of the ploys and tricks emerging across the planet which is crucial in thwarting card fraud.

Read more about the identification of fraud online here or register today for the Internet Show Melbourne next week!

REGISTER TODAY, DON’T MISS OUT ON THE PROTECTION OF YOUR ONLINE BUSINESS!