If you’re in retail and dealing with problems including fraud, you’re not alone. The GBG Trade consortium is designed by retailers for retailers. It isn’t just a product – it’s a unique community in which you can pool knowledge and insight gained from over 130 million transactions to fight fraud and reduce losses specific to the retail sector.
Join a data pool containing over 130 million retail transactions
Granular insight over and above credit reference data, particularly for younger age demographics
Don't just rely on your own data; gain insights from other retailers' experience to build a complete picture of a shopper’s activity.
Daily updates on all losses, giving you the latest view on behaviour for both cash and credit customers
Benefit in line with what you put in. You share data like-for-like
How it works
Pools knowledge with others +
Compare customer behaviour with other retailers in areas including:
Accounts a customer holds
Accounts used for suspected fraud
Customers who have previously shown no intent to pay
Take advantage of something tailor made for retailers: GBG Trade is designed specifically to address the kinds of fraud and loss experienced in retail
Analyse consumer behaviour patterns across a shared information base of over 130 million transactions.
Deploys smoothly +
Integrate information easily into your existing systems with batch, real-time and portal access methods
Add power to your existing scorecard / rules using unique data variables
Use an API to enable searches one at a time, in real time
Benefit from an approach made for your market: GBG Trade has been developed to meet the specific needs of retailers
Improve the gini of your scorecards using unique insights from GBG Trade data
Increase revenue streams by identifying good customers who can be accepted safely
Get the answers you need – fast - without delaying the customer onboarding process
Batch interface +
Send millions of data records to us, and we’ll process them and return them to you
Deal simply and effectively with large volumes of information
Bespoke response information block +
Bring together data from multiple sources on one individual to search for indicators of loss, including fraud
Build a complete picture of any individuals of interest to you
Want to run a retro test?
Send us retrospective data and we’ll tell you how much you could have saved with GBG Trade
For a complementary retro-test, call us on 01244 657333 or email us at email@example.com
“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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“GBG Trade has been put together with input from retail players that really understand the impact of fraud and the need for a loss prevention platform that addresses the challenges they face each day. The retail industry – especially the companies involved in ecommerce and other forms of home shopping – needs a system that takes this type of loss prevention to the next level. Previously, we’ve had to rely on data developed for use by financial institutions, which does not fully address the very specific cyber threats that online retailers are facing today. GBG Trade will add a new, universal layer of fraud data that will enable retailers to identify these threats more effectively and reduce fraud losses as a result."
Director of Credit Risk & Operations
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GBG Trade works brilliantly when teamed with:
Want to stop fraud in its tracks? GBG ID3global checks would-be customers instantly at the point of sign-up