Dynamics 365 Fraud Protection
As a digital enterprise, you conduct business online and in real time. Though this approach helps you reduce costs and improve the customer experience, it also exposes you to serious threats of fraud. Sophisticated users take advantage of your online channel’s relative anonymity and accessibility. For example, these users create transactions maliciously through compromised accounts and stolen payment instruments.
Others might try the following actions:
- Account takeover
- Abuse of free trials
- Fake product reviews
- Warranty, refund, or reseller fraud
- Abuse of program discounts
All these activities affect your profitability and reputation.
Some types of fraud even have profound consequences for society at large, including money laundering and posting fake news.
Because online fraud is a substantial risk, it’s likely that users can discover and exploit your vulnerabilities. Unlike the early years of the internet, well-funded and well-equipped rings of professionals fund and orchestrate today’s fraudulent transactions. Fraud protection professionals have the skills to protect against this cyberthreat.
Dynamics 365 Fraud Protection focuses on payment fraud protection and related scenarios in e-commerce, and it helps you to:
- Decrease fraud loss.
- Increase bank acceptance rates to yield higher revenue.
- Improve online shopping experience for customers.
Microsoft has years of experience protecting its own e-commerce businesses from fraud. Microsoft has developed a sophisticated technology stack that uses connected big data across multiple lines of business. It applies AI to help supply correct decisions in real time.