Kount Blog | mobile commerce
Blog Against Fraud

A Clever Way to Improve Mobile Commerce Conversions for Electronics Retailers

Posted on Tuesday, February 21, 2017

Retail eCommerce spending via smartphones and tablets boomed in Q4 of 2016, up 45% over 2015. In fact, mobile accounted for 21 percent of total digital commerce dollars spent in the quarter, mobile’s highest recorded share of online sales ever.

And guess what? Mobile fraud is keeping pace. In 2015, the number of fraudulent transactions on mobile devices increased by 142% compared to 2014. And there’s no slowdown in sight, with CNP fraud losses projected to soar 80% by 2020.

For online Electronics retailers, this presents a dilemma. Customers and their money are obviously pouring in via the mobile channel, and you want to capture those orders. Yet with mobile fraud also soaring, you also risk higher fraud losses.

This is where the clever part comes in. There are fraud prevention solutions out there that actually help improve mobile conversion rates (while reducing fraud)! How is this possible?

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Topics: mobile commerce, mobile device, electronics retailers

Dress for Financial Success with Better Mobile Commerce

Posted on Thursday, July 7, 2016

It’s no secret mobile commerce is huge: it’s projected to exceed three quarters of a trillion dollars next year. What may surprise you is that online apparel shoppers are leading the way! Just a few quick data points:

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Topics: mobile commerce, mobile fraud prevention, apparel retailer

Mobile Fraud: What You Don’t Know Can Hurt You

Posted on Wednesday, May 4, 2016

There’s an old joke in advertising: “I know half my advertising budget is wasted. I only wish I knew which half.” Unfortunately, too many eCommerce merchants could make a similar (bad) joke about their fraud prevention systems. This is especially true when it comes to mobile commerce – the fastest growing channel in eCommerce today.

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Topics: mobile fraud, mobile commerce, eCommerce

Infographic: Calculating the 9 Deadly Costs of Fraud

Posted on Thursday, March 31, 2016

Do you know the 9 Deadly Costs of Fraud? This infographic quantifies them, including costs that are apparent, as well as the ones that are less obvious and can escape the notice of even the most careful observers. And while some fraud costs are not as significant as others, taken together they can punch a sizable hole in your bottom line… potentially millions of dollars (!) for large eCommerce merchants.

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Topics: mobile commerce, cnp fraud, cost of fraud

2015 Holidays: Record Mobile Commerce (And Record Chargebacks?)

Posted on Wednesday, February 24, 2016

Early reports indicate record holiday mobile commerce…nearly $1 billion on Cyber Monday alone. That’s a huge 53% jump over 2014.1 The bad news? Those mobile transactions were 2X more likely to involve fraud.2

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Topics: Cyber Monday, mobile commerce, chargebacks

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