Improving your Card Not Present fraud defences
Understand how access to enriched intelligence and changes in Strong Customer Authentication can improve Card Not Present fraud prevention.
Download GuideCard Not Present Fraud Prevention Guide
Card Not Present (CNP) fraud has become big business for financial criminals. In 2021, UK Finance estimated that it represented over 86% of all card fraud in the UK. Fraudsters have reasoned that the underlying weaknesses, inherent in the remote purchase ecosystem, provide them with a lucrative opportunity to exploit unwitting customers and patchy defences from banks, payment providers and merchants.
Our guide will show you how enriched data – such as device, behavioural biometric and geolocation – can be leveraged in the CNP journey to help address this problem. It also discusses the changes to 3DS(2) Strong Customer Authentication protocols, as a result of coming into force in 2021.
It will help parties involved in the CNP ecosystem create an enhanced, sophisticated and dynamic card authentication process that will help them to:
Reduce transaction risk assessment rates
Drive down CNP false positives
Reduce losses to CNP fraud
Balance frictionless customer experience with reduced risk
View our CNP fraud defence guide now
The time has never been better to get ahead of CNP/remote purchase fraud.
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