White paper

How can we define Loyalty Fraud?

Organizations across all industries are finding new, creative ways to reward their customers through their Loyalty Programs. As the use of Loyalty Programs continues to rise, unfortunately so do the incidents of fraudulent activity.

Studies show that an 89% increase in Loyalty Program Fraud occurred just over the past year*. Any business that has a Loyalty Program in place should be aware of the risks that can jeopardize their performance.

Providing answers to the following questions:

What are the common types of Loyalty Fraud?
  • What are the common types of Loyalty Fraud?
  • How can organizations stay on top of their team to avoid internal bad actors?
  • Why do Account Takeovers happen and how can businesses secure their data properly?
  • How do we determine the real cost of Loyalty Fraud?
  • Why does User Experience matter in terms of security?
Source: Fintech Times. "89% Increase in Loyalty Program Fraud." The Fintech Times, 14 Oct. 2019, thefintechtimes.com/loyalty-program-fraud/.

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