EverC to Launch First-ever Safer Ecommerce Day, New National Day to Raise Awareness about Ecommerce Risk
EverC, a pioneer in AI-driven merchant and marketplace risk intelligence and insights for companies in the ecommerce ecosystem, is pleased to announce the first ever Safer Ecommerce Day on Nov. 1, 2023.
Conceived and sponsored by EverC, this new national day is dedicated to educating key players in the payments industry about online commerce risk and best practices for safer ecommerce. It will involve online marketplaces, associations, and entities that are working together to make ecommerce safer, through technology, solutions, regulations, and initiatives. Most important, it will function as a platform to raise awareness about the far-reaching effects of ecommerce fraud on the global community, and how payment providers can help disrupt it for the betterment of the world.
“We are working to ensure that Safer Ecommerce Day is recognized not just nationally, but on a global level,” said Melissa Sutherland, industry thought leader and EverC VP. “Fighting dark commerce online is core to our mission, and education and advocacy are foundational requirements to our success.”
By partnering with the MRC for this event, EverC’s goal is to “align our compliance community across regions, business models, and payment methods, creating one team to combat bad actors,” Sutherland added.
“Fraud trends grow as quickly as ecommerce transactions multiply globally, and keeping ahead of the fraudsters is always a challenge for online retailers and their solution providers. MRC is happy to support this initiative by EverC and any such event that promotes risk management, fraud prevention and detection and a collaborative industry approach to fighting financial crime,” said Úna Dillon, Vice President Advocacy at the MRC.
The past few years have seen a proliferation of online financial crime conducted via ecommerce channels. We are no longer dealing with individual threats – today’s bad actors operate in collaborative criminal networks that prey on victims and organizations using highly sophisticated methods.
This unified threat landscape has the potential to negatively impact everyone in the ecommerce ecosystem: buyers, sellers, banks and acquirers that enable payment processing, and marketplace platforms where legitimate entities conduct business. These crimes also fund bigger crimes such as human trafficking and terrorism, making it a serious global problem.
Safer Ecommerce Day will be observed with an awareness campaign leading up to an online event that will feature a day of educational sessions led by handpicked experts on ecommerce trends, upcoming regulations, and more.