A worldwide study carried out among merchant companies showed that nearly 40 percent of companies used automation systems to detect fraud and policy abuses in 2023. These systems included solutions based on machine learning.
Share of merchants using automation to detect fraud and policy abuse in 2023
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Riskified. (September 30, 2023). Share of merchants using automation to detect fraud and policy abuse in 2023 [Graph]. In Statista. Retrieved December 26, 2024, from https://www.statista.com/statistics/1454060/use-of-automation-to-detect-fraud/
Riskified. "Share of merchants using automation to detect fraud and policy abuse in 2023." Chart. September 30, 2023. Statista. Accessed December 26, 2024. https://www.statista.com/statistics/1454060/use-of-automation-to-detect-fraud/
Riskified. (2023). Share of merchants using automation to detect fraud and policy abuse in 2023. Statista. Statista Inc.. Accessed: December 26, 2024. https://www.statista.com/statistics/1454060/use-of-automation-to-detect-fraud/
Riskified. "Share of Merchants Using Automation to Detect Fraud and Policy Abuse in 2023." Statista, Statista Inc., 30 Sep 2023, https://www.statista.com/statistics/1454060/use-of-automation-to-detect-fraud/
Riskified, Share of merchants using automation to detect fraud and policy abuse in 2023 Statista, https://www.statista.com/statistics/1454060/use-of-automation-to-detect-fraud/ (last visited December 26, 2024)
Share of merchants using automation to detect fraud and policy abuse in 2023 [Graph], Riskified, September 30, 2023. [Online]. Available: https://www.statista.com/statistics/1454060/use-of-automation-to-detect-fraud/