Fine Art of Fraud Risk Management In Digital Payment Industry

Category: Technology

The fraud risk in the recent years has been increasing at an alarming rate of more than 20% every year of which card payment risk comprises a big chunk. Mitigating the risks of fraud completely would require both public and private effort. Although there are options available in the market today, they are not being utilized to their true potential. The right way to go about this situation would be to prioritize where to direct efforts and resources in the security improvements and adopt the right payment solutions with minimum threats.