Tag Archives: risk score

Rising E-Commerce Fraud Trends and How to Combat Them

The global e-commerce market size grew to a record $2.2 trillion in 2017, and there are no signs of a slowdown in 2018, as more and more people turn to the virtual marketplace for their shopping needs.

But this tremendous exponential growth also has a dark side. As digital channels are opening, and international brands are diversifying their offerings, fraudsters are seeking new, or rediscovering old, ways to capitalize on global opportunities.

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How a Risk Score Saves You Time and Money

Welcome to a new installment of MaxMind’s Best Practices Blog Series!

In discussing best practices, our focus is on efficient fraud screening methods which stop fraud while providing a positive customer experience.

Key to efficient fraud screening is automating as many decisions as possible.

In this post, we discuss the crucial role of minFraud’s riskScore to automated decision making. Continue reading

Proxy Detection – Why Fraudsters Give Proxies a Bad Name

When it comes to fraud detection, finding proxies is a big topic. But why? Fraud detection begins with thinking intelligently about the IP address associated with a transaction. Where is that IP address, and how does that location relate to other transaction data? Whereas most IP addresses inspire confidence, those associated with a proxy generate suspicion.

Let’s take a closer look at proxy detection. Continue reading