Fraud Prevention

Equifax Launched Fraud Protection Tool for Small Businesses on Shopify
Equifax Launched Fraud Protection Tool for Small Businesses on Shopify
May 05, 2023  |  Security & Fraud

Equifax has launched a fraud protection tool for Shopify designed for small business merchants. The new Kount Essentials application joins the company’s Kount Advanced app...

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Generative AI Gives Scammers More Tools and Greater Reach
Generative AI Gives Scammers More Tools and Greater Reach
May 05, 2023  |  Security & Fraud

In today’s digitized environment, it is becoming more complex to combat all the potential exposure points where businesses could lose money. “Fraudsters, as a general...

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Apple and Google Propose Alerting Consumers of Unwanted Tracking
Apple and Google Propose Alerting Consumers of Unwanted Tracking
May 02, 2023  |  Security & Fraud

Tech rivals Apple and Google say they’re uniting against a common foe: unwanted tracking. “Location-tracking devices help users find personal items like their keys, purse,...

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PYMNTS Intelligence: How Fraud Damages P2P Payment Organizations
PYMNTS Intelligence: How Fraud Damages P2P Payment Organizations
May 02, 2023  |  Digital Payments

Fraud is a constant worry for companies of all types, driven by the sheer variety of different fraud methods that bad actors deploy. Man-in-the-middle attacks,...

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UK Cuts Tech Firms Slack on Online Content Fraud
UK Cuts Tech Firms Slack on Online Content Fraud
May 01, 2023  |  Security & Fraud

The U.K.’s new anti-fraud strategy reportedly places less burden on tech companies. As the Financial Times reported Monday (May 1), the British government is set to unveil...

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UK Takes Aim at Problem Gambling With Proposed Regulation Updates
UK Takes Aim at Problem Gambling With Proposed Regulation Updates
April 27, 2023  |  Security & Fraud

The last time the U.K. issued gambling regulations, the iPhone hadn’t been invented. Since then, advances in technology and an increase in betting among the...

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Data Prevents Merchants From Falling Victim to Refund Abuse
Data Prevents Merchants From Falling Victim to Refund Abuse
April 26, 2023  |  Cybersecurity

Today’s sophisticated cyberfraud landscape requires constant vigilance by merchants against the ever-present threat of bad actors. As companies take crucial steps to update their prevention...

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Multifactor Authentication May Be Bridge Between Biometrics, Passwords
Multifactor Authentication May Be Bridge Between Biometrics, Passwords
April 24, 2023  |  Authentication

Until more advanced security goes mainstream, an already accepted method may fill the gap.  Consumers are more security-savvy than ever, especially when it comes to fraud prevention...

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Token Raises $30 Million for Biometric Wearable
Token Raises $30 Million for Biometric Wearable
April 24, 2023  |  Investments

Token has raised $30 million in new financing to boost its wearable authentication offering. The funding, announced Monday (April 24), comes in the form of...

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