Connexions Rewards Shield
Verify redemptions with advanced loyalty fraud detection and defense
Loyalty fraud is a growing problem. In the airline industry for example, 72 percent of loyalty programs have been prey to fraud, one industry group reports. Miles and points accumulating in loyalty programs around the world are real currencies whose increasing value has attracted the attention of criminals. In the U.S. alone, 3.3 billion loyalty program members have stored points and miles worth an estimated $48 billion. Hackers and thieves see loyalty currencies as easy, relatively unmonitored targets. Your customers expect the same level of security and privacy for all their accounts.
Connexions Rewards Shield can help protect your organization from:
• The cost of stolen rewards and replacement points or miles
• Lost customers and future revenue
• Negative social sharing related to fraudulent redemptions and lost points