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Fraud on the rise: can technology save us?

With the global cost of chargebacks mounting for consumers, banks and merchants alike, Alice Bonasio argues that we need innovation to fight back

Online fraud is now the most commonly experienced crime in England and Wales, according to a report published by the UK National Audit Office (NAO). Up to 1.9 million cyber-related fraud incidents were estimated to have taken place last year alone, with the cost likely to run into billions of pounds…
To read the rest of the article please click here: http://www.worldcommercereview.com/html/bonasio-fraud-on-the-rise-can-technology-save-us.html

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