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Oct 1, 2007
Doug Schwegman, director of customer and market intelligence for CyberSource, said he was surprised that managing fraud scored the highest among respondents. He had expected the top concern would be navigating legal and underwriting requirements of foreign markets. That ranked third, and was cited by 15 percent of respondents.
"Fraud should still be in the top three, but many merchants probably have not researched legal requirements," Schwegman says. "It is a big administrative problem and can slow you down, in terms of getting into a foreign market quickly."
Topic: Business Strategies
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