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February 13, 2014

Webinar - Don't Miss: LexisNexis True Cost of Fraud Mobile Study


Missed the February 5th webinar? Download the new True Cost of Fraud Mobile study and webinar to get a glimpse into the future of commerce.

Thousands of retailers put the annual True Cost of Fraud (TCOF) study and webinars presented by LexisNexis (News - Alert) on their “don’t miss” list. But if you missed the February 5th webinar, you can still get all of the insights by downloading the 2013 LexisNexis True Cost of Fraud Mobile webinar recording and study.




The latest TCOF study focuses on the rapidly-growing mobile commerce channel and provides critical insight into the fraud challenges faced by merchants, financial institutions and consumers due to the acceptance of mobile payments.

One of the key findings is that the traditionally browser-dominated mobile payment environment is rapidly diversifying because of the explosion of newer technologies—namely mobile point-of-sale (mPOS devices)—that literally allow consumers and vendors to use their smartphones and tablets as wallets and cash registers. These new mobile channels offer convenience and the potential to sell more merchandise, but also entice fraudsters to find ever more creative ways to exploit security vulnerabilities.

In fact, the study shows that vendors who accept mPOS payments experience a more significant level of fraud than those who do not. Many merchants, however, will have to embrace mobile commerce in all its forms at some point if they want to remain relevant to consumers. It’s never too early to learn to mitigate fraud and its associated costs by choosing the right mobile payment channel for your situation, as well as employing the latest essential fraud technology solutions.

The True Cost of Fraud webinar recording will teach you:

  • How to limit fraud costs by thoroughly authenticating CNP transactions through the mobile device;
  • How to combine a mobile app with strong authentication to counter threats of payment compromise and identity fraud;
  • How to identify fraudulent mobile transactions separately from online transactions to better understand the risk and mechanisms associated with the channel; and
  • How to maintain open communication with financial institutions and other mobile merchants surrounding mobile fraud threats and solutions.

Don’t miss out on the latest information opportunities, threats and solutions in the mobile commerce industry.

Download the webinar recording and your copy of the True Cost of Fraud Mobile study today!




Edited by Stefania Viscusi