E‑commerce Fraud in the UK: Why 3DS‑Era Controls Are No Longer Enough And What Needs to Come Next
June 16 @ 3:00 pm - 4:00 pm
UK e-commerce fraud continues to rise despite the widespread adoption of Strong Customer Authentication and increasingly sophisticated 3-D Secure (3DS) controls. While issuers and schemes have invested heavily in enhanced risk scoring within the authentication flow, fraudsters have continued to evolve.
In this session, hosted by G+D Netcetera, we will explore why reacting at the 3DS stage alone is no longer sufficient to stop fraud losses, operational burden, and customer friction from escalating. Drawing on real-world issuer perspectives and joined by invited speakers from Mastercard and TigerGraph, we will discuss the limitations of siloed controls and the growing need to prevent fraud earlier and across channels, not just within individual transactions.
Join us to explore:
- How online fraud has changed in the UK in recent years, from classic card-not-present fraud to large-scale card testing, BIN attacks, social engineering, and coordinated cross-channel crime.
- How today’s 3DS countermeasures, such as issuer-centric risk models, consortium intelligence, and BIN-attack scores, have significantly improved fraud detection but still struggle to identify emerging social-engineering-driven fraud patterns.
- What needs to change next, enabling timely and secure data sharing across banks and moving from isolated risk decisions to collaborative, ecosystem-wide fraud prevention.
- How cross-channel intelligence can help shift the industry from reacting to fraud to preventing it proactively.
Speakers:
