Alternative Finances

Preventing Online Fraud and Building Customer Trust

04 March 2014

Online payment fraud resulted in billions of dollars in losses last year. Stopping fraud without impacting the experience for trusted customers is critical for organizations where any fraud prevention measure that adds to customer friction is a non-starter.

Attend this webinar to learn methods to detect online payment fraud in real-time, transparently to your customers, enabling more revenue without adding friction.

In this highly informative webinar on March 5 at 1 PM EST, Topics to be covered include:

  • Risks from payment fraud to online businesses
  • Examples of fraud attacks used by sophisticated cybercriminals
  • Methods to transparently differentiate between trusted customers and fraudsters
  • Solutions to reduce fraud while minimizing friction and manual reviews
 

 

Presenters

 Andreas Baumhof, Chief Technology Officer, ThreatMetrix
Andreas Baumhof, chief technology officer, ThreatMetrix, is an internationally renowned cybersecurity thought leader and expert with deep experience in the encryption, PKI, malware and phishing markets. His commentary has appeared in numerous publications including SecurityWeek, The Paypers, Dark Reading, Computerworld, CIO, PC Magazine, BankInfoSecurity, SC Magazine, American Banker, PaymentsMarket, Digital Transactions and others. Prior to ThreatMetrix, Mr. Baumhof was an executive director, CEO and co-founder of Australian-based TrustDefender, a leading provider of security and fraud detection technologies. Mr. Baumhof previously served as co-founder and chief technology officer of Microdasys Inc., a leading provider of deepcontent security solutions. While there, he developed the first SSL proxy and has patents pending in Europe and the U.S. Mr. Baumhof holds a degree in mathematics and computer science from the University of Munich, Germany.

Moderator

 Karen Webster, CEO, Market Platform Dynamics
Karen Webster is one of the world’s leading experts on emerging payments and a strategic advisor to CEOs and Boards of multinational players in the payments and commerce space. As the CEO of Market Platform Dynamics, she works extensively with the most innovative players in the payments, financial services, mobile, B2B, digital media and technology sectors to identify, ignite and monetize innovation.

 

 

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Latest Insights: 

Facebook is a giant in the ad game, with 2.3 billion active monthly users and $16.6 billion in quarterly advertising revenue. However, its omnipresence makes it a honeypot for fraudsters. In this month’s Digital Fraud Report, PYMNTS talks with Rob Leathern, Facebook’s director of product management, on how the site deploys automated systems and thorough advertiser vetting to close the lid on fraudster attempts.

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