Posts From Vesta E-Commerce Blog

The Key Questions to Consider When Choosing a Fraud Solution for Your Business

Fraud solutioIn this article, learn the key questions you should consider when searching for a fraud solution for your business. Did you know that 27% of online sales end up being fraudulent? As more and more businesses are relying on ecommerce platforms

Read More

5 eCommerce Fraud Prevention Trends to Monitor in 2021

Fraud prevention requires constant vigilance in order to stay ahead of emerging fraud trends. Here are 5 ways you can protect your business from fraud attacks in 2021. Online and card-not-present (CNP) transactions have increased during the COVID-19 pandemic. Experts

Read More

The True Cost of eCommerce Fraud

This article takes a closer look at how much fraud is really costing merchants, and what companies can do to better balance their acceptance and fraud rates. When it comes to eCommerce fraud management, businesses tend to focus on the direct financial

Read More

The Business Times: Managing Risk of Rejecting Valid Transactions

With e-Commerce fraud and payment scams on the rise, companies must invest in progressive tools to address the cost of rejecting  transactions from legitimate customers. Vesta‘s General Manager of Asia Pacific, Shabab Muhaddes shares his thoughts with The Business Times

Read More

How Artificial Intelligence Can Improve Your Ability To Detect Fraud

Online merchants can no longer rely on simple rule-based engines to stop fraud. Utilizing artificial intelligence is essential in protecting your business from modern fraud attempts. The tactics used to commit card-not-present (CNP) fraud have changed dramatically in the last

Read More

Friendly Fraud & Chargeback Fraud Prevention as a Competitive Advantage for Vulnerable Industries

Recent fraud numbers can send a chill down any merchant’s spine. According to Experian, e-commerce fraud increased by 30% in 2017 while total online sales increased by 16%. This means that the number of fraudulent activities is growing twice as fast

Read More

Cart Abandonment: The Unfortunate Result of Poor Fraud Prevention Solutions

Inaccurate fraud prevention solutions can have a negative impact on your  cart abandonment rates. Learn how to prevent this problem from affecting your ecommerce website. With card-not-present (CNP) fraud on the rise, many merchants are seeking out fraud prevention tools

Read More

How to Stay Ahead of the Latest Fraud Trend: SIM Card Swap Fraud

Learn how to protect yourself against the rising threat of SIM card swap fraud. Mobile phones and other devices have become integral to business, education, and socialization. According to research conducted by Deloitte, mobile phone penetration is at 91% in developed countries,

Read More

The 3 Types of mCommerce Fraud Your Business Should Watch Out For

Mobile commerce is a rapidly growing channel for consumers to purchase and sell products. However, this increase in popularity has led to an increase in fraud attacks targeting mobile devices. By the year 2025, approximately 70% of all online transactions will take

Read More

The Unexpected Cost of False Declines for Your Business

False declines are one the most detrimental consequences of a poor fraud prevention solution. This article explains the unexpected cost of false declines for your business. False declines are a problem that just about every online retailer has to learn

Read More