P2P platforms are built on a foundation of trust. If those who use these platforms can’t be sure who they are exchanging goods or services with are who they really say they are, then the entire model falls apart.
As the popularity of these platforms grows and expands across verticals including finance, lending, automotive, travel, work services, and more, fraudsters find more avenues to compromise user accounts or set up fake accounts, with the ultimate goal of monetizing attacks. Protecting users from such attacks and ensuring trust is critical to the continued growth of P2P platforms and the sharing economy
Download this brief to learn:
- The most common fraud attacks targeting P2P platforms
- How fraudsters monetize these attacks
- How P2P platforms can keep their users safe