Stop Gift Card Fraud Before It’s Committed
Today, gift card fraud is a sophisticated business. Criminals use advanced SaaS botnets with enormous scale that can be rented on demand. When they've hijacked accounts on your platform, they buy gift cards and sell them on secondary markets like eBay for close to face value. It's a low-risk, high profit venture for the thief.
But it's not all bad news for merchants. This presentation explores effective mitigation strategies you can use to prevent these attacks before they occur.
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As we’ve seen time-and-again in recent years, the resilience of the global travel industry can be pushed to breaking point with very little warning. Recurring episodes of disruption have had wide-reaching consequences, but among the most perplexing for merchants is the inevitable spike in payment fraud and chargebacks. Using travel disruption as a case study, this session will feature the online travel agency lastminute.com, the fraud prevention company Riskified and the chargeback management solution Justt, who will unpack the relationship between external shocks to demand, fraud and chargebacks, and share remedial strategies that all companies can follow.