Identify and manage
Fraud Prevention and Other Risks
The key to successful risk management lies in identifying and managing risks associated with your business.
Risk management should not be in the way of running a successful business.
Fraud prevention should not be a friction point for good customers.
Whether it’s chargebacks and other payment disputes, account takeovers, bonus/campaign abuse, or any of the other ways ecommerce businesses are affected by fraudsters, Nicheknow has been there and experienced in first-hand.
We can help you set up procedures, optimise existing systems, and select new systems and services to keep your business safe.
Having worked with several of the leading tools and software providers, Nicheknow guide you to the right decision for your business.
Risk management is an important challenge for all businesses. Risk comes in many shapes and forms.
While nearly all businesses need to be mindful of fraud risk and chargebacks, risk management can and should go above and beyond that. Nicheknow has experience with managing risks, setting up risk policies, incident response procedures, and sophisticated fraud prevention.
This overall risk management strategy shall be balanced to achieve the goal of managing risk in line with your business requirements.
We believe that risk management can be a competitive advantage if set up competently and confidently. Reduce friction to attract and retain customers. Use appropriate risk prevention solutions to keep your business safe.
Effective Fraud Prevention
Know Your Customer
Regulated businesses know they need to comply with KYC (Know Your Customer) requirements to verify the identity of their customers. Any business can benefit from profiling their customers to accurately identify good customers from malicious, and even detect early indications of new VIP customers.