When you look at the lifecycle of fraud - from obtaining stolen data, to launching attacks, to cashing out - it often involves collaboration across a criminal network, sharing data, skills or toolkits. The Dark Web provides fraudsters with the platform to find their accomplices. This is exactly what needs to be done at merchant's end- collaboration in real time.
They need to create a consortium to share data with each other to make it harder for the fraudster to increase the breadth and depth of their attacks.
Parul Sharma is a Sr. Director at Lexis Nexis Risk Solutions, and she will share insights on how to take a network approach to fraud prevention, in order to eliminate fraud and reduce friction.
About 2Checkout (now Verifone)
Verifone is the payments architect shaping ecosystems for online and in-person commerce experiences, including everything businesses need - from secure payment devices to eCommerce tools, acquiring services, advanced business insights, and much more. As a global FinTech leader, Verifone powers omni-commerce growth for companies in over 165 countries and is trusted by the world's best-known brands, small businesses and major financial institutions. The Verifone platform is built on a four-decade history of innovation and uncompromised security, annually managing more than 12B transactions worth over $500B on physical and digital channels.
Verifone's 2Checkout platform is an all-in-one monetization solution helping clients drive global sales growth across online channels. Its digital services, including global payments, subscription billing, merchandising, taxes, compliance and risk, help clients stay focused on innovating their products while delivering exceptional customer experiences.
Get more information at 2Checkout.com
