Fraud Services
Statistics from the UK Cards Association show that Card Not Present
(CNP) fraud in 2010 amounted to over £226.9 million, and card identity theft to
over £38.1 million.
Unfortunately, criminals are getting more sophisticated and as e-commerce
grows and becomes more integral to life, so does the threat of fraud. Luckily at
Lateral Payments Solutions our Fraud Engine is integral to our system,
constantly monitoring and analyzing online behavior and purchasing patterns, in
order to identify and stop any new fraud threats immediately.