How to approach ID verification as ecommerce fraud increases

eCommerce fraud will rise from $44.3 billion in 2024 to $107 billion globally in 2029; a growth of 141%, according to Juniper Research. This has the potential for a significant negative impact on retailers’ bottom lines in an industry with tight margins, and also on their reputation.
This is putting ID verification processes firmly front and centre in the minds of retailers, even for those that sell low value items.