Demandware says 30 of its clients booked more than $100 million in online sales in 2015, up from 22 a year earlier.
The Merchant Fraud Squad says members identified new services at its re-launched web site as ones that would be effective for analyzing customer orders and catching fraud before it happens.
The Merchant Fraud Squad, which helps online retailers reduce fraud, today made available to members a number of free services at its web site, merchantfraudsquad.com, as part of the site`s re-launch.
The Merchant Fraud Squad says members identified the new services as ones that would be effective for analyzing customer orders and catching fraud before it happens.
Members can now access tools to accomplish the following:
-- Verify the existence of an address
-- Verify a name with an address
-- Reverse look-up of phone numbers to retrieve corresponding addresses
-- Verify phone numbers
-- Capture a consumer`s Internet protocol address
-- Review all free e-mail domains
-- Verify the owner of a domain
-- Verify credit card numbers via MOD 10, a mathematic formula used to identify correct credit card formats
-- Report a cyber crime
-- Review list of freight forwarders, which international fraudsters regularly use to pass on unsolicited goods
"No where else are all of these solutions aggregated in one place," said Tom Sullivan, manager of e-commerce risk and fraud for Expedia.com, a founding member of the network.
The new site also will offer the following services:
-- A Yahoo.com-sponsored message board
-- A fraud solution vendor directory
-- New articles on card skimmers, the latest device of fraudsters that reads cards, magnetic strips and holds over 1,000 numbers in memory.
-- New research on credit card chargebacks and fraud solutions, courtesy of Visa and Meridien Research.
Over the past 18 months, the Merchant Fraud Squad has grown from 375 charter members to more than 3,000.
"We remain committed to offering the latest in fraud prevention information," said Julie Fergerson, the newly-appointed chair of the Fraud Prevention Network. "This new content is the first of several new initiatives we have this spring."