Kount released a new research report on digital innovation and emerging fraud, which found that the most innovative businesses are also the ones facing the greatest fraud threats.
The report, conducted by Javelin Research, surveyed hundreds of respondents across the retail, restaurant, insurance, and financial industries and revealed more than 40% of businesses say fraud impedes their expansion into new digital channels and services.
With the threat of emerging fraud and increasing expectations for a frictionless customer experience, businesses are challenged to balance revenue, expansion, and innovation priorities.
Researchers found that 48% of consumers are more sensitive to anti-fraud measures that disrupt their online experience than they were a year ago. This means that retailers and restaurants ..
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