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BERLIN, July 20, 2022 /PRNewswire/ — Fraugstera payment intelligence company which is the first player to offer compliance, chargeback protection, risk management solutions and credit scoring via one AI platform and one integration, today announced the publication of its first Payment Intelligence Report 2022. This provides insight into key Compliance, Fraud Risk and Revenue Uplift trends in the market. Information from 60B data points and 80M individual transactions in 2021 were analyzed by the Fraugster team. Findings highlight the latest fraud tactics being deployed against Payment Service Providers (PSPs), Buy Now Pay Later (BNPL) suppliers and Merchants in Travel, Physical and Digital Goods, challenges and opportunities for BNPL players, chargeback trends, popular fraud types, PSD2 impacts, and future trends for 2022 and beyond.
Research highlights:
Fraud attack findings
- 109% Increase in Identity fraud
- 70% rise in Gift Card fraud
- 52% Increase in Account Takeover (ATO ) attacks
Checkout/Basket facts
- Average Order Value by Vertical: BNPL €146, Travel €580, Physical Goods: €147, Digital Goods €20
- Preferred shopping times…
Full story available on Benzinga.com
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