<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=559746057746957&amp;ev=PageView&amp;noscript=1">

The Clearsale Blog

Clearsale at Payments Source: Brazil Is a Trove of EMV Era Security Lessons

Clearsale at Payments Source: Brazil Is a Trove of EMV Era Security Lessons

The US e-commerce market faces a fresh set of challenges. More retailers are completing the switch to EMV point of sale terminals so fraudsters are increasingly turning to CNP fraud, just as they have in other post-EMV markets. Automated botnet fraud also increased dramatically during 2015, now accounting for more than 80% of e-commerce fraud attacks. Sophisticated fraud is on the rise too, as thieves develop new ways to leverage identity theft and malware.

Brazil is Latin America’s dominant e-commerce market. B2C e-commerce sales are projected to top $40 billion this year, more than half the total for the region. Brazilian consumers are comfortable shopping online from domestic and cross-border merchants and overwhelmingly prefer to pay by credit card. The country has Latin America’s highest card penetration rate.

With those upsides come hazards. One third of Brazilian cardholders have experienced fraud in the past five years. Unprotected Wi-Fi networks are common, and many consumers use them to make purchases without realizing the potential consequences.

Merchants that succeed in Brazil’s complex market use all the tools at their disposal to counteract fraud. This includes algorithms and machine learning, human intelligence, customer contact and verification, and comprehensive dataset analysis. Using all of these tools helps businesses to spot nascent fraud trends and predict new fraud attempts instead of only reacting to a never-ending stream of ever-changing fraud tactics.

The key to truly comprehensive fraud abatement is [click here to continue reading at Payments Source]

Download Credit Card Fraud eBook 

You may also like

Facing Fraud Prevention in 2020

Facing Fraud Prevention in 2020

The US e-commerce market faces a fresh set of challenges. More retailers are completing the switch to EMV point of sale terminals so fraudsters are increasingly turning to CNP fraud, just as they..

How E-Commerce Merchants Can Prevent Coordinated Fraud Attacks

How E-Commerce Merchants Can Prevent Coordinated Fraud Attacks

The US e-commerce market faces a fresh set of challenges. More retailers are completing the switch to EMV point of sale terminals so fraudsters are increasingly turning to CNP fraud, just as they..

Card-Not-Present Fraud Prevention Checklist for E-Commerce Businesses

Card-Not-Present Fraud Prevention Checklist for E-Commerce Businesses

The US e-commerce market faces a fresh set of challenges. More retailers are completing the switch to EMV point of sale terminals so fraudsters are increasingly turning to CNP fraud, just as they..

Fraud Screening For Retailers: Prepare For Volume Spikes

Fraud Screening For Retailers: Prepare For Volume Spikes

The US e-commerce market faces a fresh set of challenges. More retailers are completing the switch to EMV point of sale terminals so fraudsters are increasingly turning to CNP fraud, just as they..

From Singles’ Day to El Buen Fin: Online Shopping Holidays Around the World

From Singles’ Day to El Buen Fin: Online Shopping Holidays Around the World

The US e-commerce market faces a fresh set of challenges. More retailers are completing the switch to EMV point of sale terminals so fraudsters are increasingly turning to CNP fraud, just as they..

Influencer Insights: Can Dynamic Card Verification Values Stop CNP Fraud?

Influencer Insights: Can Dynamic Card Verification Values Stop CNP Fraud?

The US e-commerce market faces a fresh set of challenges. More retailers are completing the switch to EMV point of sale terminals so fraudsters are increasingly turning to CNP fraud, just as they..

Why gift card fraud is growing—and why the scammers are so hard to fight

Why gift card fraud is growing—and why the scammers are so hard to fight

The US e-commerce market faces a fresh set of challenges. More retailers are completing the switch to EMV point of sale terminals so fraudsters are increasingly turning to CNP fraud, just as they..

How Will AI Work Against Insurance Fraud?

How Will AI Work Against Insurance Fraud?

The US e-commerce market faces a fresh set of challenges. More retailers are completing the switch to EMV point of sale terminals so fraudsters are increasingly turning to CNP fraud, just as they..

PayThink CNP fraud is a bad gift that keeps on taking

PayThink CNP fraud is a bad gift that keeps on taking

The US e-commerce market faces a fresh set of challenges. More retailers are completing the switch to EMV point of sale terminals so fraudsters are increasingly turning to CNP fraud, just as they..

Want to write
for our blog?

Please review our writers' guidelines
https://www2.clear.sale/press/clearsale-guest-blog-guidelines
and then email guestwriter@clear.sale with your pitch!

Subscribe to our blog