Fraud prevention in travel needs a different approach
The growth of ecommerce has had an enormous impact on most industries, but perhaps none more than travel.And one of the by-products of this has been the rise of card not present (CNP) fraud - criminals stealing credit card information and using it to book flights and hotel rooms. Fraud is present in most online verticals, and travel is particularly exposed: razor-thin margins mean every chargebacked order is a huge revenue setback, especially when so much is invested to bring in customers to begin with.
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