Keeping up with fraud threats is critical for an eCommerce merchant, and fraud prevention solutions need to be fine-tuned on a regular basis to ensure they’re catching as many fraudulent transactions as possible. This is especially true because the ecommerce fraud landscape is constantly shifting, and new techniques emerge daily.

To be sure you’re protecting your business, you’ll want to implement a solution that uses a variety of analytical methods to detect suspicious activities, such as device and browser fingerprinting, order linking, geo-location & IP detection, proxies, and social media. In addition, you should also consider a solution that can proactively detect changes in a customer’s behavior patterns and flag them for further investigation as fraud alerts.

Ecommerce Fraud Prevention Solution: Secure Online Transactions

Fraudsters often buy high-value goods that can be resold for quick cash and then disappear, so it’s important to keep an eye out for customers who are purchasing multiple items of high value in short succession or ordering a large amount of a single item. You should also take note if a customer is requesting expedited shipping without regard to cost, as this could be a sign that they are trying to intercept and use your merchandise before it’s delivered.

ClearSale’s Ecommerce fraud prevention solution starts with an intelligent automated approval engine that “learns” as it processes more and more orders. This allows it to make decisions in milliseconds, so you can approve more orders and stop fraud faster. It also features Account Takeover Prevention via Kount Control, Data on Demand, and solutions to comply with 3DS2 and PSD2.