From Confusion to Clarity: Overcoming AI hype and harnessing the best tools for your retail business.

If you’re an online retailer and haven’t yet tapped into the power of AI for fraud detection, now’s the time. Modern AI-driven systems often integrated within payment platforms like PayPal, Stripe Radar, and Apple.

“In 2024, the UK experienced a significant surge in ‘remote purchase’ fraud, reaching a record-high of nearly 2.6 million cases. equivalent to over 7,000 incidents daily.”

Pay analyse behavioural patterns in real time to detect suspicious transactions, prevent chargebacks, and flag anomalies before they become threats.

These tools use machine learning models trained on billions of data points, enabling them to continuously evolve and keep pace with increasingly sophisticated fraud tactics. Both Experian and Juniper Research have long been forecasting that the scale of the challenge is growing fast: global merchant losses from online payment fraud are projected to exceed $362 billion between 2023 and 2028, with losses reaching $91 billion in 2028 alone.

What’s the impact? Stronger security, fewer fraudulent transactions, faster checkouts, and greater customer trust - especially in an era where 70% of consumers say security concerns influence where they shop online. At RAD, we support retailers in integrating secure, AI-enhanced checkout flows that strike the right balance between seamless user experience and robust fraud protection. We help businesses choose the right partners, ensure compliance with evolving security regulations like PCI-DSS and GDPR, and build confidence into every transaction - because trust is the ultimate currency in digital retail.