Visa Protect
Despite improvements in mitigating fraud, vulnerabilities persist for issuers, highlighting the need for a high-quality fraud prevention strategy. Visa is well placed to help with our unique AI based machine learning solutions to help fight fraud, reduce false positives and improve customer experience.
The Fraud Landscape
With 80% of disputes in payments due to fraud¹, use a sophisticated in-flight risk scoring for more targeted and better informed authorisation decisions.
¹VisaNet Data Europe, 2022
Key Risk to Issuers
Combat online fraud, including those related to cryptocurrencies, to safeguard your costs, revenue, and reputation, especially with 70% of all fraud incidents occurring online².
²VisaNet Data Europe, 2022
The Fraud Opportunity
Improve customer experiences, revenue growth and top-of-wallet while helping to reduce operational costs, fraud, and false positives.
How fraud is creating friction in digital commerce
Tackling fraud is a delicate balancing act for financial services providers. New means of countering fraudulent behaviour can risk introducing friction to the payments process. This can impact customer satisfaction, cardholder loyalty and even business growth.
¹Insider Intelligence, eMarketer. “Spotlight: U.S. Card Payment Fraud Losses Forecast 2022” Dec 2022
²Juniper Research. “Online Payment Fraud. Emerging Threats, Segment Analysis & Market Forecasts 2022-2027”
³2024 Identity Theft Facts and Statistics
Stand up to fraud without standing in the way of your customers with new generation solutions and services
See how Visa Protect always keeps things moving.
We want to ensure our customers have the most secure way to pay and be paid – by everyone, everywhere.
— Natalie Kelly, CRO Europe
Related Resources
Visa Protect for Issuers
Everything you need to know about our robust suite of AI-driven enterprise risk management solutions, at a glance.