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BRAZEN ONLINE FRAUD

SUMMARY

Online merchants rarely speak about it so as not to encourage fraudsters, but organised online fraud costs German companies an extortionate amount of money every year. Companies continuously come up with new strategies to counter these online criminals. The Handelsblatt newspaper interviewed BillPay CEO and payments expert Nelson Holzner on the subject of fraud prevention where he talks about the fine balance that online shops have to find to reduce fraud.

(Source: deutsche startups | 04.04.2016 | Christoph Kapalschinski, Florian Kolf, Georg Weishaupt)

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