Maximizing the Potential of CNP this Holiday Shopping Season

November 16, 2021 at 9 am PDT / 12 noon EDT

The acceleration of digital transformation is driving the growth of new digital commerce models across the globe. And the 2021 Holiday Shopping Season is expected to be a record year for digital commerce and payments, such as digital wallets or buy now, pay later (BNPL) options.

Join Outseer and Aite-Novarica Group for a discussion of recent research and insights into:

  • Issuer and Merchant usage of 3-D Secure as a key tool for fighting CNP fraud
  • How collaboration via 3-D Secure can help drive up payment authorization rates and maximize the potential for CNP
  • Tips & Best Practices for seamlessly protecting your business and customers against CNP fraud this holiday shopping season

Outseer – Aite-Novarica Group Webinar

Unfortunately, fraudsters are also evolving their strategies as demand grows for these new models. Card-not-present (CNP) fraud, including purchases made via mobile apps and devices, are associated with more than half of all gross fraud losses. How can merchants and issuers prepare themselves to protect against fraud and enable consumers to enjoy a secure, seamless shopping experience?

3-D Secure (3DS) is a key tool used by issuers and merchants to effectively address these needs. When issuers and merchants fully collaborate via 3-D secure all parties benefit from greater precision detection to distinguish genuine from fraudulent users which translates into higher authorization rates, increased revenue and greater overall profit potential.

Julie Conroy
Head of Risk Insights & Advisory
Aite-Novarica Group

Lori Van Deloo
Vice President WW Market Strategy