This document discusses the growing problem of e-commerce fraud for merchants and outlines solutions from Fraugster. It notes that the fraud rate for merchants is 1.5% of total sales and €47 billion annually in Europe. Current fraud detection methods used by merchants, such as rules-based systems and manual review, are outdated. New European regulations on Strong Customer Authentication (PSD2) aim to increase security but may negatively impact approval rates and revenues. The document then describes Fraugster's artificial intelligence-based fraud detection system, which can approve transactions in 15 milliseconds with explanations, guarantee chargebacks, and increase merchants' revenues. It provides examples of merchants who saw fraud cost reductions of 33% and revenue uplifts of up