OnDemand | How to Break the Cycle of Online FraudA Totally New Approach To Preventing Online Fraud Using AI.
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 will exceed $48 billion per year by 2023.
Current fraud tools require extensive configuration and generate uncertain risk scores, requiring fraud teams to develop their own rules to defeat fraud. This ends up applying friction to legitimate users and hurting revenue.
View this OnDemand webinar and learn about:
- 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.