Electronic Identity Verification Reduces Ecommerce Fraud by 90%

Author | eIDV, FinTech, Identity Resolution, United Kingdom | , , , , , , , , , , ,

Ecommerce companies never seem to get ahead of sneaky fraudsters. Z1 Motorsports was no exception. Even after adopting an intensive 7-minute process to verify its customers, the company still suffered annual losses of $250,000, plus labor costs. Z1 realized something needed to be done – the automotive parts retailer called on Melissa for help with digital identity verification.… Read More

5 Ecommerce Issues You Forgot–And How to Fix Them

Blog Administrator | Address Quality, Address Standardization, Address Verification, Analyzing Data, CRM, Data Quality, Ecommerce, Global Address Verification, Global Data Quality, Global ID Verification, International Address Verification, Mailing & Shipping, Personator, Postal Address Standards, Postal Service | , , , , , , ,

Want to increase conversions, provide
customers with a better shopping experience, and cut down on cart abandonment?
Check out these five ecommerce issues you probably forgot and how to fix them
to solve these problems and more.

1.
The Fat Finger Syndrome

Customers
are terrible at typing–especially when it comes to filling out incredibly small
contact forms on their smartphones.
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Fraud Prevention for Ecommerce Merchants Part 2

Blog Administrator | Ecommerce | , ,

Auto-Complete
Addresses with Verified Information

To ensure a customer can quickly enter their
billing/shipping information and get through the payment process, with as little
hassle as possible, is critical in ecommerce. The last thing online retailers
need is a frustrated customer submitting long fields of contact information in
a web form or in a shopping cart; especially on mobile devices.
Read More

Fraud Prevention for Ecommerce Merchants Part 1

Blog Administrator | Ecommerce | , , ,

Ecommerce is booming. And experts say there’s more online
spending to come. In fact, the National Retail Federation announced it expected
sales to jump 3.7% to $630.5 billion in 2015. Higher than the ten year average
of 2.5%.
Retail
sales
in the first half of 2016 performed at a solid pace, growing close to
4 percent on a year-over-year basis and will surely continue.
Read More