WisdomInterface

State of Digital Identity Fraud

Fraud generated by automated bots and real-life bad actors and fraudsters remains a significant threat for nearly two-thirds of midsized to large e-commerce companies. And fraud costs, as a percentage of annual revenue, also are on the rise. Not only can this impact your cost of acquisition by having to pay for fraudulent users in your scalable SaaS systems, but it can lower the customer lifetime value by violating mutual trust between customers and companies.

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