Local communities often come together to tackle problems such as burglary and vandalism. Businesses can do the same. With GBG Trade, businesses are able to share what they know about fraud trends and recent incidents. They’re protecting themselves. And they’re helping one another too.
Products for this solution
Together, we’re stronger. GBG Trade enables retailers to join forces, pool knowledge and data, tackle fraud and other losses – keeping costs down and protecting good customersLearn more
“Best practice and doing things the right way – for both the business and the customer – depends on having the right tools to tackle retail fraud. GBG Trade provides a new and essential instrument for doing this, providing a ground-breaking means of cutting down losses arising from first-party fraud against retailers engaged in ecommerce. It is a solution that the whole sector could pick up on – to everyone in the industry’s advantage. Companies in the retail industry have not really worked together before to deliver a collective anti-fraud service that covers both card and credit transactions, so GBG Trade is providing a real opportunity for a level of information-sharing that has not previously been possible. This will not only ensure quicker and more effective fraud screening, but it will mean that we and other GBG Trade members can do a better job of making sure genuine customers get the best possible service.”
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