Fraudsters are getting
more creative
And so are merchants. Discover how in the
2023 Payments and Fraud Report
Merchant reported spend on fraud management tools has increased and conversely, we’ve seen an improvement in fraud KPIs. Download the 2023 Global Fraud and Payments Report to see how fraud has evolved in 2022 – and how merchants are handling it.
62%
of merchants report an increase in friendly fraud since last year
#2
Fraud Concern reported was First-party Misuse (Friendly Fraud)
89%
of merchants believe card brand Compelling Evidence updates will solve or reduce friendly fraud
Understanding Fraud
The Global Fraud and Payments Report is an educational, free report compiled by the Merchant Risk Council, Verifi and Cybersource that conveys transparent and unbiased research. The report outlines the latest industry fraud data and management methods used by merchants.
In it you’ll find:
- The scale and type of fraud seen in the global marketplace.
- How fraud changes based on the size of the business.
- A robust set of performance benchmarks that merchants can use to help optimize their fraud management and prevention practices.
Prior Fraud and Payment Reports:
