Even during times of economic uncertainty, the 2022 holiday shopping season still managed to surpass expectations with online sales remaining flat at $1.14 trillion globally and saw a 5% increase in the U.S. YoY.
Each holiday season, retailers see orders roll in and sales skyrocket. But with so many holiday transactions now taking place online, as a merchant, how do you know if the person on the other side of the screen is who they claim to be?
Just as the holidays are a stimulus for retail sales, they’re also a hotbed for fraud. So, to protect your customers and your bottom line, your company needs to be equipped to combat fraud starting at account opening through transaction. In this eBook, we explore the most crucial ecommerce and fraud trends and learnings experienced globally during the 2022 holiday season and how you can prepare to defend against them in 2023 and beyond.
Download the 2023 holiday season fraud prevention playbook today!
Made possible by the proprietary
Ekata Identity Engine
Sophisticated data science and machine learning, the Ekata Identity Engine combines two proprietary datasets, the Ekata Identity Graph and the Ekata Identity Network. These datasets are built around core identity attributes that are transformed into unique and valuable insights that allows businesses to accurately make risk decisions about their customers.
Join 2,000+ secure customers
Key Benefits
Improve Approval Rates
Verify more legitimate interactions to grow and retain your customer base.
Reduce Chargebacks
Catch more fraud to protect your bottom line.
Optimize Manual Review Queues
Make faster risk decisions and approve more good transactions.
Avoid Lost Revenue
Decline the fraudulent transactions while approving more good customers.
Award Winning Global Identity Verification Solutions
120%
Retention
2,000
Satisfied Customers
238
Countries and Territories
200M
Monthly Anonymous Queries
About Ekata
Ekata Inc., a Mastercard company, empowers businesses to enable frictionless experiences and combat fraud worldwide. Our identity verification solutions are powered by the Ekata Identity Engine, which combines sophisticated data science and machine learning to help businesses make quick and accurate risk decisions about their customers. Using Ekata’s solutions, businesses can validate customers’ identities and assess risk seamlessly and securely while preserving privacy. Our solutions empower more than 2,000 businesses and partners to combat cyberfraud and enable an inclusive, frictionless experience for customers in over 230 countries and territories.
Copyright 2023 Ekata