Balancing Security & User-Friendly Fraud Prevention: Minimizing False Declines with AI and Machine Learning

False declines are a costly payment fraud issue for businesses and can lead to lost customers and revenue. It’s estimated that businesses lose up to 3% of their annual revenue due to false declines. eCommerce businesses need to take proactive measures to ensure they are protected from payment fraud and false declines. Traditional payment fraud prevention tools may be unreliable in tackling this issue and incur unnecessary cost by declining orders from legitimate customers.

Join us for a webinar to find out how you can better protect yourself.

Here's what you'll learn:

Why false declines happen, and how they’re costly to businesses.
How to monitor transaction trends and prevent payment fraud losses without experiencing false declines due to incorrect assessments.
How device identification can help prevent costly fraud such as false declines, credit card chargebacks, and more.
How fraud prevention can be effective, accurate, and not compromise on a user’s experience .