Payment China Conference Web Fraud Survey Results
Fresh on the heels of ThreatMetrix CTO David Jones’ blog entry from Payments China 2010 this week comes the results of our booth survey from the conference. About one hundred attendees completed our three-question survey to help us gauge the current state of payments web fraud in China. Here’s what they had to say:
Respondents were about evenly split on whether stopping first time fraud is more important than streamlining customer transactions with a little more than half citing the later. The ratios were the same but opposite sides compared with our MRC 2010 attendee response to this question.
CNP transactions won out over new account registrations and logins for type of web transaction that require fraud protection.
Most respondents said they look to their in-house risk management and anti-fraud department to combat online fraud, and about half look to 3rd party tools as part of their strategy.
- Tom
