As businesses transform to meet shifts in consumer behavior and fraud patterns taking place through digital channels, it has never been more important to understand and assess the comprehensive financial impact of your fraud solutions.
According to Gartner, “In order to build an effective fraud detection strategy, fraud leaders must attempt to quantify how much fraud is costing their organization. This cost will lead to informed discussions about how much to invest in detecting and preventing fraud, and how best to align a fraud strategy to organizational goals.”1
Watch now to learn how to:
- Optimize your fraud investments by developing a “total cost of fraud” model, aligned with overall business needs
- Understand how to calculate the costs of fraud that impact onboarding, account access, and payments
- Implement effective solutions for fraud detection and prevention that drive down your total cost of fraud
1 Gartner, How to Create a Payment Fraud Detection Strategy at the Organizational Level, Akif Khan, 21 January 2020
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Leverage Gartner’s Insight for Assessing the Total Cost of Fraud in Your Payment Fraud Prevention Strategy
1. Leverage Gartner’s Insight
Scott Olson - VP of Product Marketing,
Global Fraud & Identity Solutions
Assessing the Total Cost of Fraud
in Your Payment Fraud Prevention
Strategy – A Global Perspective
4. TransUnion's global fraud and
identity solutions rely on rich,
robust and diverse data sets to
make trust possible between
businesses and consumers.