Boston, September 14, 2017 – An intuitive and easy user experience is now table stakes in digital commerce, but as an increasing proportion of banking and retail transactions move into the online and mobile channels, criminals are following with rapidly evolving and innovative attacks. This presents businesses with a difficult conundrum: How can they balance the need for elegant user experiences with effective fraud prevention?
This report defines the various digital channel fraud detection and authentication solutions, discusses their pros and cons, and provides a vendor mapping. It is sponsored by Visa and contains analysis from ongoing, in-depth Aite Group discussions with senior fraud and business-line executives at global FIs, payment networks, merchants, and fraud and authentication vendors.
This 28-page Impact Report contains eight figures and 12 tables. Clients of Aite Group’s Fraud & AML service can download this report, the corresponding charts, and the Executive Impact Deck.