Article: ID Insight Introduces Analytic Solution to Combat Online Retail Fraud, Cut Losses.

Safe2Ship(SM) Lets Retailers Manage Bill-to/Ship-to Discrepancies

NORTHFIELD, Minn. -- An estimated $3.6 billion. That's the price online retailers paid in revenues lost due to fraud in 2007 -- a whopping 20 percent more than the prior year's losses. Along with the jump in fraud losses, the number of costly manual reviews is escalating, as well. Nearly one-third of online orders are held up because they are considered suspicious due to bill-to and ship-to address mismatches.

But the tide is turning -- online retailers now have a tool to effectively and efficiently slash fraud losses. New from identity-fraud risk-assessment company ID Insight, ...

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