1、Air travel is back:With growth headwinds(but less turbulence)What airline payments executives need to know about fraudKey insights3Rebound and revelation:Airline travel today4Fraud trends in the airline industry5A modern vision for fraud management16Conclusion18Table of contents2Air travel is back:W
2、ith growth headwinds(but less turbulence)Table of contents01 Air travel is backDemand for air transportation in 2024 came closeto pre8pandemic levels,and airlines are seeking newcapacity,expanding their routes,and updating technologyto accommodate it.02 Travel fraud is back,tooFraud has been reactiv
3、ated by the growing spend on air travel,and scammers are always finding new loopholesand schemes.Airlines must be vigilant as fraudsters are continually finding creative and sophisticated ways to exploit weaknesses in airline policies and processes.Youll find insights on:303 Old tech creates new vul
4、nerabilitiesThe traditional tools airlines have used to manage fraud,including rules8based fraud management,manual reviews,and 3DS,are inadequate in stopping attacks that are increasingly dynamic and opportunistic.To remain profitable,airlines must adopt strategies that effectively stop fraud,preser
5、ve the passenger experience,and deliver desired business outcomes.04 Modernizing fraud management can unleash growthNewer approaches to fraud prevention and partnerships can not only more accurately and dynamically identify fraudulent behavior,they can also open doors to global expansion,more custom
6、er8friendly policies,and revenue predictability that drive competitiveness and growth.Air travel is back:With growth headwinds(but less turbulence)Key insights4Rebound and revelation:Airline travel todayMore than four years after the airline industry faced its worst month in modern travel history,tr