A survey conducted at the end of 2023 revealed that improving fraud AI/ML accuracy is the top area for improvement in e-commerce fraud management, according to approximately 55 percent of the online merchants surveyed. Additionally, 51 percent of merchants aim to enhance fraud orchestration, i.e. integrating and streamlining the entire, end-to-end fraud management process.
Main areas for improvement in managing e-commerce fraud according to merchants worldwide in 2024
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CyberSource. (March 29, 2024). Main areas for improvement in managing e-commerce fraud according to merchants worldwide in 2024 [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1381551/improvement-areas-managing-e-commerce-fraud/
CyberSource. "Main areas for improvement in managing e-commerce fraud according to merchants worldwide in 2024." Chart. March 29, 2024. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1381551/improvement-areas-managing-e-commerce-fraud/
CyberSource. (2024). Main areas for improvement in managing e-commerce fraud according to merchants worldwide in 2024. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1381551/improvement-areas-managing-e-commerce-fraud/
CyberSource. "Main Areas for Improvement in Managing E-commerce Fraud According to Merchants Worldwide in 2024." Statista, Statista Inc., 29 Mar 2024, https://www.statista.com/statistics/1381551/improvement-areas-managing-e-commerce-fraud/
CyberSource, Main areas for improvement in managing e-commerce fraud according to merchants worldwide in 2024 Statista, https://www.statista.com/statistics/1381551/improvement-areas-managing-e-commerce-fraud/ (last visited September 01, 2024)
Main areas for improvement in managing e-commerce fraud according to merchants worldwide in 2024 [Graph], CyberSource, March 29, 2024. [Online]. Available: https://www.statista.com/statistics/1381551/improvement-areas-managing-e-commerce-fraud/