eCommerce Frauds.
Oofty support eCommerce platforms in their day-to-day struggle against frauds by identifying them quickly and finding mitigations with the safest and most cost-effective tools available or by building new fraud detection systems
Payment fraud: This involves the use of stolen or fake credit card information to make fraudulent purchases.
Account takeover: This involves unauthorized access to an existing account, often through the use of stolen login credentials.
Account creation fraud: This involves creating fake accounts using fake or stolen personal information.
Return fraud: This involves making a purchase with the intention of returning the item for a refund, often using a fake or stolen identity.
Affiliate fraud: This involves fraudulent activities committed by affiliates, such as click fraud, lead fraud, and conversion fraud.
Friending fraud: This happens when a fraudster pretends to be a legitimate customer and convinces a merchant to allow an order to be shipped to an alternate address.
Scraping fraud: This happens when a fraudster uses automated software to scrape a merchant's website and steal credit card information.
Chargeback fraud: This happens when a fraudster disputes a legitimate charge to his or her credit card