Online Payment Fraud in 2028: What Verticals Are Fraudsters Targeting? Infographic

Online Payment Fraud in 2028: What Verticals Are Fraudsters Targeting?

Our latest online payment fraud research forecasts that merchant losses from online payment fraud will exceed $362 billion globally between 2023 to 2028, with losses of $91 billion alone in 2028.

This growth is being driven by by a concurrent rise in eCommerce transactions in emerging markets, where merchants are facing new, more sophisticated threats; including the increased use of AI to more efficiently facilitate 'traditional' fraud strategies, such as phishing, business email compromise or account takeover.

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Our complimentary whitepaper, Combatting Online Payment Fraud, examines key challenges within the online payment fraud sector, including the current economic crisis across many developed regions, the growing number of SMEs and their need to access robust fraud prevention systems, as well as the lack of data sharing within the online payment fraud space.
“Juniper Research’s Online Payment Fraud research report provides a detailed evaluation of the market, including different fraud types, the impact of the increase in alternative payment types, the future challenges within Open Banking APIs, and differing types of fraud in a variety of segments including banking, remote digital and physical goods and airlines. In addition, this report covers market opportunities; providing strategic insights into the development of new technologies, such as AI and machine learning, and key steps that are important for both vendors and merchants to take to manage increasing fraud risks.”