Accertify
Guitar Center Fraud Prevention Strategy with Accertify
Pages
4
Time to read
3 mins
Publication
Language
English
Pages
4
Time to read
3 mins
Publication
Language
English
This case study outlines the collaboration between Guitar Center and Accertify, focusing on the implementation of machine learning to enhance fraud prevention strategies. Guitar Center, a prominent US retailer of musical instruments, sought to automate its order review process and reduce chargeback losses while maintaining a positive user experience. Over nearly a decade of partnership, Accertify introduced a tailored solution that improved Guitar Center's fraud mitigation efforts. The implementation led to a significant decrease in chargeback losses by over 62% and a 106% increase in fraud prevention year over year. Additionally, the number of orders requiring manual review dropped by 10%, despite a 21% increase in annual online sales in 2020. The case study details the effective strategies employed and the positive outcomes achieved through the integration of Accertify's machine learning model into Guitar Center's existing operations.