Fiserv: Introduces Fraud Mitigation Solution to Simplify How Large Businesses Manage Risk
- Fiserv is a leading global provider of payments and financial services technology solutions
- Introduced a new fraud mitigation solution designed to simplify how large enterprises manage omnichannel risk
- Accessible through the Carat global commerce platform, the modular solution empowers merchants with controls
- While online fraud continues to proliferate, as evidenced by an estimated $41 billion lost to ecommerce fraud in 2022
- As omnichannel fraud becomes more sophisticated, businesses are trying to strike a balance between reducing risk
- The rules-based engine powering Fraud Mitigation is augmented by acquiring, card, network, and issuer data
