7 Best Practices for eCommerce Fraud Prevention
When it comes to the stress of dealing with eCommerce scams, digital business teams don’t need reminding. But the current and projected cost of eCommerce fraud is truly staggering. A study by Juniper Research, a leader in fintech insights, forecasts that eCommerce fraud is set to leap from $44.3 billion in 2024 to $107 billion by 2029. That’s stomach-churning 141% jump. Needless to say, eCommerce fraud prevention has never been a more pressing goal.