Payments 2022
PYMNTS’ research shows that marketplaces are deeply dissatisfied with internal fraud detection systems, with only 1.2 percent recently saying theirs are “extremely” effective. The problem comes down to risk as well as payment system failures to distinguish valid transactions from false positives. Learn how payments processors are increasing gateway access while also being ideally positioned to determine legitimate from fraudulent transactions.
A Stripe collaboration
INSIDE THE PAYMENTS 2022 PLAYBOOK
- 62 percent: Share of platforms that consider cyber fraud while assessing the overall costs of fraud
- 53 percent: Portion of platforms that plan to seek vendor assistance to enhance fraud detection and monitoring
- 41 percent: Share of platforms that plan to increase the size of their fraud protection teams to support future growth
Payments 2022 - April 2019
Inside the Payments 2022 Study:
The Payments 2022 Stdy- 94 percent: Portion of digital platforms that intend to expand into new geographical locations over the next three years
- 54 percent: Share of firms that plan to expand to meet global demand for their services
- 98 percent: Portion of digital payments platforms that believe payments will play a very or extremely important role in facilitating future expansion
