2023
Each year, Cybersource and the Merchant Risk Council join forces to release the highly anticipated Global Fraud and Payments Report. Based on extensive research in key markets, this online fraud report offers valuable insight into the latest trends in payments technology and fraud.
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4 in 10 merchants are using machine learning to improve fraud management and payment routing.
Twice as many merchants are prioritizing fraud operational cost reduction since 2021.
Merchants use an average of 5 fraud detection tools, with over 50% using credit card and identity verification services.
4 in 10
2x
5