fraud detection tools

Online booking fraud results in losses of over a billion dollars for airlines

August 7, 2009 - 2:56am | Fraud | News
Online booking fraud results in losses of over a billion dollars for airlines

According to a recent webinar and poll of airline fraud investigators, fraud detection tools and payment fraud losses are top of mind. Thus, airlines report more than a billion dollars in online fraud loss. In order to reduce these losses each needs to be up-to-date with the appropriate technologies and be prepared for fraudsters to exploit new forms of payment and booking channels.


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