Quadrant Knowledge Solutions Reveals that E-commerce Fraud Prevention Market is Projected to Register a CAGR of 20.47% by 2027. The specialized solution for preventing eCommerce fraud is designed to detect and manage fraud specifically for eCommerce merchants and payment processors. It provides comprehensive real-time monitoring and analysis of transactions, identifying both internal and external fraud across all users, accounts, and channels.

This is achieved through the implementation of a risk-based strategy. The primary focus of such a solution is on enhancing customer experience and provide confidence to merchants and payment processors to focus on revenue optimization strategy rather than on fighting fraud.

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Key Questions to be Addressed in the Study:

·       Is the eCommerce fraud prevention market experiencing growth, and what are its short-term and long-term growth potentials?

·       What are the primary factors driving or inhibiting the global eCommerce fraud prevention market?

·       Which industries are the major end-users of eCommerce fraud prevention, and which ones present the most growth opportunities in the forecast period?

·       In which global regions do the maximum growth opportunities lie for eCommerce fraud prevention?

·       Which customer segments show the highest adoption rates for eCommerce fraud prevention?

·       What deployment options are available for eCommerce fraud prevention?

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Vendors covered in this E-commerce Fraud Prevention study:

Accertify, ACI Worldwide, Bolt, BPC, ClearSale, CyberSource, Feedzai, Forter, Kount, LexisNexis Risk Solutions, Ravelin Technology, Riskified, Sift, and Signifyd.

Strategic Market Direction:

Implementing an advanced fraud prevention solution with the mentioned technologies and capabilities is crucial for organizations to combat the increasing and sophisticated fraud attacks targeting eCommerce merchants and payment processors. This solution supports various use cases such as reducing chargebacks, preventing customer abuse, improving order acceptance rates, reducing payment fraud, ensuring account protection, addressing loyalty abuse, and more.