Big data AI is no longer a fantasy, but a reality. The AI marketspace is delivering real solutions for real world problems. Currently, e-commerce retailers are faced with fraud losses daily; reduced revenue, increased operational expenses, and wrongful rejections are just some of the impacts fraud creates on a local and global scale, all of which contribute to a suboptimal experience for customers. Current approaches to fraud protection solutions require account creation and customers to complete multi-step authentication, forming barriers within the ecommerce channel.
Microsoft, at the forefront of innovation as a global e-commerce technology leader, is equally impacted by fraud, necessitating a fraud protection system that can help safeguard more than a billion transactions a year and deliver the best shopping and purchasing experiences possibleboth at the same time. Microsoft developed Dynamics 365 Fraud Protection as an application designed to provide the best fraud protection to fulfill both Microsofts, and our customers needs. It provides the agility and capabilities to apply adaptive AI and operation research to millions of assessments necessary, which puts merchants at ease.
Dynamics 365 Fraud Protection helps increase revenue, reduce operational expenses, create a seamless shopping experience, decrease wrongful rejects and increase bank acceptance rates, and reduce fraud losses and manual review expenses.
Over the last 2 years, Microsoft Dynamics 365 Fraud Protection has saved Microsoft more than $76 million in incremental fraud costs by reducing fraud losses and manual review rates, as well as helping boost revenue by hundreds of millions of dollars. Now all online merchants can use Dynamics 365 Fraud Protection to help reduce fraud and its related costs, increase revenue, and deliver better buying experiences with lower friction and more support.
Dynamics 365 Fraud Protection is comprised of three unique offerings that can work in parallel:
Diagnose: analyze your historical data to quickly gain fraud insights in your environment using previous 3 months data, Evaluate: test using real time transactions and compare to your incumbent solution, Protect: use as your primary assessment tool in production environment.
Dynamics 365 Fraud Protection is an innovative solution with five powerful capabilities designed to capitalize on the strength of machine learning to provide merchants with an innovative fraud solution:
How Dynamics 365 Fraud Protection complements the existing payment authorization flow for better fraud assessment and signaling to issuing banks:
Deep bank partnerships help improve acceptance rates.
How global data is used to benefit all: Dynamics 365 Fraud Protection is architected to bring global data across participating merchants together in a secure and privacy-aware way to enable improved fraud protection across the ecosystem.
The fraud protection network delivers shared insights. Pooled deidentified data across merchants helps detect fraudulent transactions faster and reduce fraud losses.
As a global e-commerce leader, Microsoft cares about the bottom line just like you, and encourage you to learn more by visiting the web page Microsoft Dynamics 365 Fraud Protection and viewing the product video.
We invite you to attend our Virtual Launch Event on Thursday, October 10th streaming live at 8:00 am Pacific time, then on-demand, for a look at Dynamics 365 Fraud Protection and all the other new innovations coming to market.Be sure to register for updates and reminders leading up to the event.
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