Trustev ends the problem of fraudulent transactions for retailers. It can spot fraud in real time – before a transaction is even completed – without blocking good customers.
BENEFITS FOR TRUSTEV CLIENTS
Increase revenues by 2%.
Reduce fraud to near zero.
Lower antifraud costs.
Case study
A desirable footwear brand was a frequent fraud target. High fraud rates in many countries needed to be reduced. And the fraud countermeasures were too restrictive - which blocked many genuine customers - so it needed to be improved.
Situation
The company did not have software in place to automatically spot fraud in real time and relied on very basic protections from the payments processor, which blocked huge numbers of real customers, such as people living or traveling in different countries.
Solution
The company deployed Trustev to their site in France, and turned off payment processor blocking. Deployment took a matter of days, plus four weeks for the software to learn the site and go live. Transaction approvals are handled automatically by Trustev now.
Results
This opened up 16% more revenue, and a double-digit increase in sales. System is rolling out to all countries.
Unlike the last generation of software. Trustev does not require huge numbers of manual reviews. It intelligently spots fraud by itself, with few or no human reviews needed.
TRUSTEV CLIENTS
Here are some other companies who have adopted our new approach to stopping online fraud.
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