The State of Ecommerce Fraud in Europe report further reveals:
- The State of Ecommerce Fraud in Europe report further reveals:
A 350% increase in fraud pressure by mid-2021, as measured by Signifyds Fraud Pressure Index.
- The Fraud Pressure Index charts the change in the number of presumably fraudulent orders detected on Signifyds Commerce Network , which comprises thousands of retailers.
- European retailers are facing historic fraud pressure at a time when the payments landscape is undergoing upheaval due to the enforcement of PSD2s Strong Customer Authentication (SCA) requirement.
- Signifyd counts among its customers a number of companies on the Fortune 1000 and Digital Commerce 360 Top 1000 lists.