The CNP Awards 2018 recognizes QPS for delivering exceptional fraud detection and prevention solutions to drive brand value and transform consumer experience. For the second time in a row QPS has been nominated under the category of Best Anti-Fraud Solutions for this prestigious award. The 2018 CNP Awards are held as a part of the CNP Expo in Florida from May 14th to 17th, 2018.
QPS foresees that fraud continues to rapidly evolve and advance in tandem with the changing landscape of fraud threats. In 2018, the total payment fraud in US projected to be $9.1 B with $6.4 B being CNP fraud. The rapid growth in fraud tactics includes account takeover and friendly fraud, as EMV chip becomes standard in the US market. Rising use of digital payments exposes retailers to the fraud that invites chargeback fines and regulatory sanctions. With such fraudulent activities spanning the online market, it is time for e-commerce merchants treat fraud detection and prevention as a multi-channel issue.
QPS: Your Sentinel for E-Commerce Fraud
QPS applies machine learning and human eye intervention for e-commerce fraud prevention, enabling merchants to analyze data and investigate fraud. QPS leadership team brings with them over 17 years of experience in global fraud detection and prevention solutions.
Addressing the rising consumer demands, QPS has been upgrading unrelenting cutting-edge technological advancements combined with statistical fraud detection solutions to assess, detect & prevent fraud in real time. QPS’ E2E (end-to-end) fraud protection solution has been tailor-made to enhance order acceptance rates combating chargeback before service deliveries & order shipments.
Support QPS With Your Vote
QPS takes pride for its consortium of Fin-tech services that drill down the evolving risk challenges within the stipulated time.
Show your support by voting to make QPS a winner under the Anti-Fraud Solutions category. Voting is open till April 6th, 2018.