Whitepaper: Retail Fraud Prevention
How to reduce retail fraud via document verification during transactions
Best Practices In Retail Fraud Prevention
Counterfeit fraud and Identity theft plague the retail industry, costing tens of billions of dollars every year. In this whitepaper, we discuss how retailers can structure an intelligent “multi-layered” program for prevention of these losses. The following points are discussed in-depth in the whitepaper:
Fraud Deterrance vs.Detection at the Point-of-Sale
Why deterring fraud is as important - if not more so than - detecting fraud at the point-of-sale
Signs of Fraud
“Identity Authentication & Image Capture” (“ICA”) solutions which provide clients with protection from false identification documents and fraudulent credit cards
Pilot Project Success
The car rental agency's Security and Loss Prevention team reported that the pilot project likely prevented 7-8 vehicle thefts from occurring