E-commerce fraud challenges retailers and drives smart automation

The rapid advance of e-commerce in Brazil has also given way to worrying growth: the increase in digital fraud. According to a survey by Equifax BoaVista, the e-commerce scam attempts increased by 3.5% in 2024, compared to the year 2023.

Whether involving cloned cards or bot fraud and undue chargebacks via Pix, the losses accumulated by retailers as a result of these practices already add up to millionaire figures.In addition to the financial impact, such actions also compromise consumer confidence and the credibility of the platforms.

Among the most common scams are identity theft, the misappropriation of user accounts (known as account takeover), chargeback fraud and the use of fake coupons.The complexity and sophistication of attacks have required companies to provide more robust solutions to ensure the security of their operations and preserve the customer journey.

However, intelligent automation integrated into the Open ecosystem has gained prominence as a strategic protection tool.According to experts, combining technologies such as artificial intelligence, machine learning and big data analysis, these systems can monitor transactions in real time, identify suspicious patterns and act preventively in the face of anomalous behaviors.

“Antelligent automation allows you to detect risks with greater accuracy and reduce false positives that often bar legitimate purchases and affect the” consumer experience, explains Ligia Lopes, CEO of Teros, data-driven intelligent automation platform, which complements: “In addition, we optimize operational resources by taking repetitive tasks out of the hands of teams, redirecting the focus to strategic” decisions.

For example, fraud using bots is increasingly common in limited product launches. By automating the purchase process, these software can acquire large volumes of items before real customers have access to them, creating a parallel and unfair market.By Pix scams often involve manipulating vouchers or false claims of error to obtain a refund after receiving the product.

Another benefit of automation is integration with anti-fraud systems based on biometrics and digital behavior. These solutions increase the level of verification of transactions, helping to block sophisticated attacks such as phishing or account intrusions, which would not be easily detected by traditional” methods, says Ligia.

In the Open Finance environment, integrated automation has also brought significant gains in terms of agility and customization, according to Lopes. The possibility of integrating banking data with management systems allows you to perform real-time reconciliations, automate financial reports and offer services such as credit or insurance during checkout.

“Although there is no single solution to the problem of fraud, the combination of technology and strategy is the most promising way. The digitization of consumption requires a proactive posture of companies and automating is no longer an option, but a necessity for those who want to remain competitive, safe and relevant in the” market, concludes the CEO of Teros.