Fraud never sleeps. Data indicates that airlines lose at least $1.4 billion annually to global online fraud. Perhaps that’s why one third of airlines consider fraud to be a significant problem. Hospitality and vehicle rentals are lucrative targets as well with an estimated $2.9 billion in US losses per year. The fluidity of bookings combined with last-minute changes make fraud prevention particularly difficult for any online travel and leisure company.
Strategies that worked yesterday may not be as effective or efficient in the future. What can you do to reduce losses without slowing revenue or adding operational expense? Download the eBook to learn:
- Five factors that make fraud for travel and leisure uniquely harmful
- Shocking online fraud rates for airline, hospitality and rental companies
- What seven capabilities you need to fight online fraud