PUBLISHER: QKS Group | PRODUCT CODE: 1637457
PUBLISHER: QKS Group | PRODUCT CODE: 1637457
This product includes two reports: Market Share and Market Forecast.
QKS Group Reveals that eCommerce Fraud Prevention Market is Projected to Register a CAGR of 20.47% by 2028.
eCommerce Fraud Prevention solution offers flexibility of scalability of providing the widest possible fraud solutions coverage across the organization level. The eCommerce fraud prevention solution is a specialized tool designed to detect and manage fraud, specifically tailored for eCommerce merchants and payment processors. It provides thorough real-time monitoring and analysis of all transactions, effectively pinpointing both internal and external fraudulent activities across all users, accounts, and channels through a risk-based approach. eCommerce fraud prevention solution detects and prevents fraud in real-time to improve order acceptance rate, reduce chargebacks, prevent customer abuse, and improve overall revenue by using a combination of advanced AI-ML and rules to detect emerging frauds.
Quadrant Knowledge Solutions defines "A robust framework that allows eCommerce businesses and payment processors to detect and stop high-risk transactions from getting processed. The solution employs AI-powered advanced machine learning models, rules, and automation to analyze and assess each transaction's potential risk in real-time to minimize the losses due to fraud and increase the organization's profitability."
QKS Group Reveals that eCommerce Fraud Prevention Market is Projected to Register a CAGR of 20.47% by 2028.
eCommerce fraud prevention solution is a specialized tool designed to detect and manage fraud, specifically tailored for eCommerce merchants and payment processors. It provides thorough real-time monitoring and analysis of all transactions, effectively pinpointing both internal and external fraudulent activities across all users, accounts, and channels through a risk-based approach.
eCommerce fraud prevention solution detects and prevents fraud in real-time to improve order acceptance rate, reduce chargebacks, prevent customer abuse, and improve overall revenue by using a combination of advanced AI-ML and rules to detect emerging frauds. eCommerce fraud prevention platforms help in detecting high-risk transactions reducing the potential threat.