If fraud is normal, why the hell are we still losing so much revenue?

Jul 22, 2020

If fraud is normal, why the hell are we still losing so much revenue?

Is it possible the focus on fraud is outweighing our ability to sign up more customers? Online businesses put delivering frictionless customer experience as a top priority, yet existing fraud prevention programs are blocking up to 40% of good customers. Then why do companies primarily focus on fraud versus improving their top-line growth?