More potential fraud attempts involving e-commerce transactions were detected during the holidays in the Philippines when online retail activities hit their high, according to TransUnion. | TyronePiad /PDI
“Fraudulent activity tends to be particularly prevalent in online retail during the holiday shopping season,” said Pia Arellano, president and CEO of TransUnion Philippines.
Arellano said online retailers “must equip themselves with the proper tools to detect fraud at the first warning sign, and without inhibiting the consumer journey.”
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