iGaming Payment Solutions & Fintech News | OnlyiGaming

FRAUD PREVENTION BY ENYGMA : Exclusive Event Offer & Next-Gen Intelligence. 1. The Problem : The Rising Cost of Online Fraud Online payment fraud continues to escalate rapidly. Across the EEA alone, fraud losses reached €4.2 billion (a 17% year-on-year increase). Within the iGaming and digital payments industries, 70% of all fraudulent transactions...

For years, fraud prevention in iGaming has been closely linked to card payments. Operators invested heavily in preventing card-not-present fraud, managing chargebacks, implementing 3-D Secure, and recovering revenue through chargeback representment processes. Success was measured by fraud rates, chargeback ratios and payment acceptance. But as the ...