Sentence examples for e-commerce fraud from inspiring English sources

Trustev Blog » Will chip-and-PIN cards in the US mean more e-commerce fraud?

Irish startup Trustev won in the big data category for online identity verification software intended to help merchants combat e-commerce fraud.

Mr. Redenbaugh and another key organizer of the round table, Tom Sullivan, the director of e-commerce fraud protection at the online travel company Expedia, said the group envisions creating a database of information on credit cards that have been stolen, and perhaps other information that could tip off other merchants to a possibly fraudulent transaction.

But as online commerce continues to grow, so do incidents of e-commerce fraud.

But as online commerce continues to grow, so do incidents of e-commerce fraud.

The new injection of funds will be invested in the company's mission of eliminating e-commerce fraud.

E-commerce fraud-prevention specialists such as Radial, Forter, Klarna and Signifyd have developed sophisticated tools to identify and stop fraud; they offer guarantees of online sales in return for a fee of around 50 basis points, depending on volumes.

Last year, North American merchants lost $3 billion because of online payment fraud (purchases made with stolen or unauthorized account information), according to research commissioned by CyberSource, an e-commerce and fraud prevention firm.

The service is primarily targeting online marketplaces, payment networks, and e-commerce sites, where fraud is most prevalent.

TransUnion, a Chicago-based company that went public earlier this year, is acquiring Trustev, an e-commerce ID and fraud protection startup based out of Ireland, in a $44 million deal, $21 million up front and $23 million more contingent to meeting certain targets.

Called hackPR, it's a site where journalists can reach out to several companies at once around a specific story or question — like how do e-commerce startups handle fraud?