Consumers now rely on transacting online more than ever before, building a handful of profitable relationships with key merchants and services. Our latest LexisNexis® Risk Solutions Cybercrime Report reveals a 38% growth in ecommerce online transactions. This provides merchants with vast cross-border opportunities to grow their business, but also introduces greater complexity and greater risk throughout the payments process.
“We noticed more payments in our network last year than we ever have done before which makes differentiating between a trusted user and a potential threat more critical than ever”, said Jason Lane-Sellers, Director, Fraud and Identity at LexisNexis Risk Solutions.
Digital identity data and payment data gathered throughout the digital customer journey can go a long way towards helping merchants to optimize their ecommerce conversion in a secure and compliant way.
Download our white paper “Near real-time risk-based assessment: A catalyst for successful ecommerce conversion” to delve into:
With a holistic view of the consumer digital journey, merchants can effectively manage fraud, reduce risk, and gain a proactive real-time risk assessment of the customer.
Explore how invisible authentication throughout a customer’s digital journey coupled with optimized payment authorization can help merchants strengthen their ecommerce conversion rates, maximize revenues, and build long-term customer relationships.