eCommerce Client Reduces Fake Accounts With AtData's Fraud Prevention
This company was experiencing high fraud rates via their online sales which invariably led to high chargebacks, account takeovers, identity theft and massive increase of fake accounts. Because their fraud processes where overwhelmed, their losses were doubling as the fraudsters deemed this site as an easy target.
Vendor selection, email fraud prevention and what it did for this company.
Within weeks of using the AtData Fraud API, the customer reported dramatically lower fraud rates and even the attempt rate had decreased as they fraudsters could no longer succeed in creating the accounts.