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Mobile Commerce Fraud Focus Decreases, Says Study

Digital download websites are enjoying the benefits of mobile commerce—and many feel they’re ahead of the average online merchant when it comes to balancing the opportunities and risks that m-commerce brings. As a result, fraud is waning as a focus, according to a recent study: Just 11.3% said addressing the fraud risk was one of their biggest challenges—down from 20.1% the previous year. In the third-annual Mobile Payments & Fraud: 2015 Report, commissioned by Kount, the Fraud Practice and CardNotPresent.com questioned nearly 1,500 fraud and payment professionals representing merchants, fraud and ecommerce service providers, card issuers and card associations.

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