MRC Connects Berlin 2023

Join us on Thursday, November 9, 2023, for MRC Connects Berlin, a complimentary event sponsored by Sift.

Learn from engaging presentations on the latest eCommerce topics from key industry speakers and take advantage of valuable networking opportunities you can't get anywhere else.

Fighting Fraud-as-a-Service and the Growing Democratization of Digital Abuse

Online fraud is expected to cost online merchants billions by the close of 2023, with year-over-year account takeover attacks and payment fraud increasing in some industries by over 7x. Underpinning rising risk is the spreading democratization of fraud and uptick in fraud-as-a-service offerings, giving anyone with internet access everything they need to hack credentials, steal stored data and points balances, and quickly spend customers’ money.That unrestricted access to illicit tools and tactics means that consumers are no longer just victims of fraud, but perpetrators, contributing to the global Fraud Economy alongside professional digital criminals. Consumers surveyed by Sift say they’re willing to seize the occasional opportunity to steal money and account credentials online: 16% admit to either committing payment fraud or knowing someone who has, and 4% admit to having intentionally committed first-hand ATO. With automation accelerating born-bad content creation and bot-based attacks, merchants across markets need secure, scalable strategies that address all aspects of evolving digital risk.

Registration for this event is free!

AGENDA:

6:00 PM - 6:30 PM    Arrival and drinks reception

6:30 PM - 7:30 PM    Fighting Fraud-as-a-Service and the Growing Democratization of Digital Abuse

In this panel discussion, we will explore these critical shifts, and discuss what online merchants can do now to proactively protect revenue, growth, and users from changing fraud and abuse in the future. Panelists will cover:

• The rapid year-over-year rise in account takeover and payment fraud, particularly in industries like fintech and food & beverage
• Changing trends in how fraudsters operate, and how businesses can adapt both technically and strategically
• How generative AI and automation are accelerating abuse—and why many fraudsters aren’t bothering to adopt artificial intelligence
• Why between 76-80% of consumers would permanently stop engaging with an app or website
• Lessons learned throughout the year that every merchant can take into 2024

7:30 PM - 9:00 PM    Networking drinks and close.

LOCATION:  Belushi's Berlin (Mitte) - 28 Ziegelstraße, Berlin, 10117, Germany

MRC Connects Berlin is open to merchants and solution providers. MRC membership is not required; however, non-members can attend up to two MRC Connects events. Thereafter membership will be required. As this is a Merchant-focused event, Solution Providers are limited to one attendee per company.

Please note that the available spots are limited, and the event registrations are subject to MRC approval.

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