Lazada, a highly successful international online store, was targeted by scammers using the account opening stage to commit fraud. Partnering with Mastercard, Lazada achieved a 30% fraud detection rate, a remarkable 14.9X ROI and greatly improved their customer onboarding experience.

For every $1 disputed by a customer, merchants and issuer banks incur $1.50 in chargeback costs.

A luxury retailer was experiencing a high volume of charge disputes by customers. Mastercard's near real-time alerts swiftly confirmed fraud and prevented chargebacks, saving the company millions and safeguarding profits.

68% of European consumers have abandoned an online application in the last year. Up from 63% in 2020.

Upgrade, a lending fintech, needed a way to verify the identity and credit risk of customer applicants during account opening. Using sophisticated data science and machine learning, Mastercard helped Upgrade identify good customers who had been falsely flagged as high fraud risk, increasing frictionless verifications by 60%.