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Global Fraud

Image of CVV codes for saleFraud is a global threat that demands a global response! 

  • Fraud committed on UK cards from abroad increased by 43% in 2006. 
  • The top 5 fraud hotspots for UK e-tailers (July 06 to June 07) are: the US, Germany Canada, France and Denmark.
  • Fraudsters share information on which retailers or financial institutions have the weakest fraud defences.
  • Fraudsters sell credit card details  and IDs to each other over the web.

So what can businesses do to defend themselves from this global threat?

  • A simple ID check can test personal characteristics against global databases.
  • Check the validity of passport numbers, national ID numbers, driving licenses and other identity tokens issued by foreign governments.
  • Use IP verification to detect whether your internet customer is physically located where they say they are.

 


Our solutions

See our solutions in action: Contact us to arrange a demo.

Further Information

pdf
APACS stats show global dimension to CNP fraud in the UK

pdf
The House of Lords issues report on the safety of the internet.

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A comparative study into ID fraud in the UK, France, Germany and The Netherlands