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eCommerce Merchants See Innovation’s Potential to Curb Fraud –

The digital age has ushered in unprecedented opportunities for business growth, but it has also given rise to increasingly sophisticated fraudulent activities. From friendly fraud to elaborate chargeback schemes, merchants face a myriad of challenges in their quest to safeguard their operations, frequently leading to the occurrence of failed payments.In “The Role of Fraud Screening in Minimizing Failed Payments,” PYMNTS Intelligence leverages insights from a survey of 300 heads of payments or fraud departments from international eCommerce companies to examine the effectiveness of the fraud screening mechanisms eCommerce merchants use today. According to the report, many eCommerce merchants fail to recognize the connection… 

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