Online merchants hit by double whammy of fraud as cost of living bites

  • New research from Ravelin charts the rise of the ‘criminal customer’, now the ‘number one risk factor’ for one in three online businesses
  • The research also shows a marked growth in sophisticated & organised criminal fraud
  • Chief Financial Officers (CFOs) and Chief Risk Officers (CROs)now have to navigate an increasingly complex fraud landscape
  • New forms of payment amplify dispute resolution issues for merchants
  • Online businesses are being hit by a damaging double-whammy of fraud as the cost of living crisis bites.

A survey of chief financial officers (CFOs) at online merchants across 10 countries, commissioned by fraud prevention platform…

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