Socure - Alternatives Payments - May 2022 - A new look at how adopting digital identity protocols can mitigate eCommerce fraud

How Online Retailer Jane is Keeping Fraud Out of Fast Fashion

Alternative Payments Tracker®

It’s a war out there for eCommerce marketplaces right now, as they face a swirl of fraud attempts and bot attacks looking to steal customer data or score free merchandise. In this month’s “Alternative Payments Tracker®,” a collaboration with Socure, Mark Spencer, SVP of commercial operations for fast fashion retailer Jane, tells PYMNTS how they’re fighting back, without saddling customers with friction.

Inside the May Tracker

  • An interview with Mark Spencer, senior vice president of commercial operations for fast-fashion retailer Jane, on how eCommerce marketplaces can leverage digital identity verification tools to secure sites and streamline the customer experience
  • Recent alternative payments headlines, including why just 37% of companies require MFA for their customers and how companies are adjusting their cybersecurity protocols as employees return to the office
  • PYMNTS Intelligence examining how digital identity techniques like multifactor authentication can protect against fraud

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