New Trends in the Payments Ecosystem

Businesses were caught unprepared by the sudden increase in digital payments over the last few years, leading to a considerable spike in fraud. The future will also bring new challenges. Total payment card volume is expected to increase to new highs—as much as $79.14 trillion—over the next decade alone.

Inflexible fraud prevention strategies and outdated tactics will leave unprepared businesses struggling to protect themselves from increasingly-sophisticated fraudsters. Nilson predicts the industry will lose an estimated $49.32 billion to fraud, plus $180 billion in chargebacks.

How do you make sure your company’s not an easy target? Watch this webinar to learn about new fraud trends we’re seeing unprepared companies fall victim to—even those who think they’re doing everything right.

In this webinar, you’ll learn:

• How the way consumers pay online and offline has changed
• The use of data to discover consumer attitudes and the direction of the industry
• How these new trends will impact merchants over the next year
• How merchants can adapt to these new consumer-driven payment trends
• What merchants need to do to adjust their fraud prevention strategy