Marketplace Risk 2023 Panel: Establishing Truth in Today’s Global Connected Seller Ecosystem
By 2027, third-party sales through online marketplaces will be the largest and fastest-growing retail channel, accounting for 59% of all global retail sales growth. The online marketplace ecosystem is convenient for consumers and lucrative for sellers – but ripe for fraud on both sides of the transaction. And yet, only one-third of marketplaces today view seller fraud as a significant risk.
During this session, Wale Ayantoye Director, Financial Crime Operations from Etsy, Dawn Crew, Trulioo Chief Marketing Officer, and Eric Morse, Trulioo Chief Revenue Officer explored various types of seller fraud and risks to businesses today and how to combat seller fraud on multiple fronts.
This session also explored ways to adapt to ever-changing regulations designed to support trust and safety and new strategies to provide governance around onboarding, account takeovers, and ongoing fraud.