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Understanding Fraud Prevention Success: Key Metrics and Challenges
In the final part of our fraud prevention blog series, we look at how you can determine whether your fraud prevention tools are doing the job and how to measure success.
Fraud prevention is a critical aspect of any business that handles online transactions. Businesses strive to protect themselves and their customers from fraudulent activities, but determining the effectiveness of fraud prevention tools and strategies can be challenging.
This article will explore what fraud prevention success looks like, the key metrics businesses should consider, and the challenges they face in measuring and improving their fraud prevention efforts.
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