0
Industry Resources

Securing the future - increasing acceptance while fighting fraud

Monday 16 July 2018 | 13:35 CET | Advertorial | provided by ACI

With profit margins shrinking, the "digital marketplace" model could be a real opportunity for telcos - but the model is not without risk.

Today, every dollar of fraud represents an overall cost of USD 3.40 for eCommerce and digital goods retailers, taking into account management and compensation expenses. And mobile channels cause particular concern, with higher average fraud costs than other channels. 

Combined with the growing number of mobile payment enabled devices, this creates the need for telcos to closely examine their fraud risks and implement a future-proof fraud prevention strategy.

Understanding the mobile channel

While a relatively small percentage of online transactions (around 10%) come through the mobile channel today, this channel accounts, on average, for more than 50% of fraud costs. 

Telcos need to understand the specific challenges for protecting mobile payments and implement fraud prevention strategies that recognize the unique features of this channel.

So rethink fraud prevention to take full advantage

At ACI Worldwide, we have been tackling fraud for leading telcos for nearly two decades. Our team helps leading telcos identify and address specific areas of concern to their business, increase conversion rates and protect genuine customers while reducing fraud.

For more information, download our whitepaper today.


Sponsor Details

Name    ACI
Contact    https://www.aciworldwide.com


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed / General / Mobile & Wireless / Mobile & Wireless
Companies: ACI
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.







58%
Cable share of TV revenues to drop to 58% in 2022
Netherlands  |  2018 Q3

Calendar   /   Industry Events

18 Feb Inwit Q4 2018
19 Feb Sky NZ interim results
19 Feb Spark fiscal H1
19 Feb Sequans Q4 2018
19 Feb Blancco Technology fiscal Q2
19 Feb Vodafone Institute Digitising Europe Summit
19 Feb Commonwealth HR&ICT
20 Feb Telefonica Deutschland Q4 2018
20 Feb Intelsat Q4 2018
20 Feb Liberty Latin America Q4 2018
20 Feb Magyar Telekom Q4 2018
20 Feb Telefonica Brasil Q4 218
20 Feb TIM Participacoes Q4 2018
20 Feb Turkcell Q4 2018
20 Feb Analog Devices fiscal Q1
20 Feb Orange Polska Q4 2018
20 Feb Ceragon Q4 2018
20 Feb Lenovo fiscal Q3
20 Feb Samsung Galaxy press conference
21 Feb Baidu Q4 2018
21 Feb Casa Systems Q4 2018
21 Feb Roku Q4 2018
21 Feb Vonage Q4 2018
21 Feb Deutsche Telekom Q4 2018
21 Feb Orange Q4 2018
21 Feb Bouygues Telecom Q4 2018
21 Feb Altice USA Q4 2018
21 Feb EchoStar Q4 2018
21 Feb Telefonica Q4 2018
21 Feb TDC Q4 2018
::: More Calendar Items