With the festive season upon us, we get excited by the social gatherings, get togethers and gift giving. But it’s key to remember to be cautious and careful with personal information, especially online. Businesses need to be able to identify who they are doing business with and consumers need to know the businesses they are interacting with online are real, safe and secure.
New analysis from Experian reveals that fraud rates in the final three months of the year have risen by more than a fifth (21%) in the last three years. With Brits set to spend £28 billion online, criminals will be looking for more opportunities to exploit people’s information to commit fraud and take out financial products like credit cards and loans in their name.
Our real-time fraud detection solutions help fraud prevention throughout the customer journey, offering a single integration point and helping businesses to identify fraud risk while meeting the necessary regulations.
In 2023, Santa told us how he's been scammed.
There was a 22% increase in Identity fraud in 2023, when compared to 2022. It is vital for businesses to protect themselves from fraud.
In 2022, we introduced you to The World's Most Impersonated Man, Santa.
Identity fraud rose by more than a fifth in 2022, with peak shopping season still to come. It is vital businesses can identify and know who they are doing business with.