Fraud Prevention

Digital Economy Sees Rise in Number of Fake Businesses
Digital Economy Sees Rise in Number of Fake Businesses
November 17, 2021  |  Security & Fraud

Digital identity verification is being put through its paces during the pandemic as remote onboarding of consumers keeps skyrocketing, bringing a reenergized wave of financial...

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Corvus Insurance on Pairing Cybersecurity Coverage, Employee Education To Meet Data Privacy Requirements
Corvus Insurance on Pairing Cybersecurity Coverage, Employee Education To Meet Data Privacy Requirements
November 09, 2021  |  Fraud Prevention

Merchants are all too aware of the risks of fraud and data breaches as more business goes online. In the Digital Fraud Tracker, Corvus Insurance’s...

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Keeping Transactions Secure Is Key to Making Business Payments Invisible
Keeping Transactions Secure Is Key to Making Business Payments Invisible
November 08, 2021  |  Security & Fraud

Today’s most powerful technologies are those where the processes behind that innovation are hidden or invisible from users’ consciousness. When done right, this high-functioning tech...

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Legitimate Online Gambling Sites Bet on Digital ID and Data to Win Against Cybercrime
Legitimate Online Gambling Sites Bet on Digital ID and Data to Win Against Cybercrime
November 08, 2021  |  Security & Fraud

Online gambling has had big payoffs for legitimate operators thanks to pandemic boredom, growing from a $64 billion market in 2020 to roughly $72 billion...

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73% of UK Businesses Suffered Phishing-Related Data Breaches in Last 12 Months
73% of UK Businesses Suffered Phishing-Related Data Breaches in Last 12 Months
October 22, 2021  |  Security & Fraud

Merchants across the globe are expected to lose more than $20 billion to fraud in 2021 alone, a staggering amount indicating the rising menace digital...

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No Phishing: Multilayered Defense Best Way to Keep Fraudsters Empty-Handed
No Phishing: Multilayered Defense Best Way to Keep Fraudsters Empty-Handed
October 19, 2021  |  Fraud Prevention

Digital fraud is a constant menace for businesses and individuals, with merchants around the globe expecting to lose more than $20 billion to fraud in...

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Report: AI and Transaction Notifications Help FIs Stop Payments Fraud Before Customers Get Scammed
Report: AI and Transaction Notifications Help FIs Stop Payments Fraud Before Customers Get Scammed
September 30, 2021  |  Authentication

Payments are now more digitized than ever before, with experts projecting that $6.6 trillion with be exchanged through digital channels by the end of the...

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CardinalCommerce CEO: Time to Break the ‘Vicious Cycle’ of False Declines
CardinalCommerce CEO: Time to Break the ‘Vicious Cycle’ of False Declines
September 30, 2021  |  Authentication

The massive deluge of eCommerce is not without its drawbacks — more than $440 billion of drawbacks to put a number on it if you...

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Duplicate Financing Fraud Faces New Foe That Sheds Light on an Elusive Thief
Duplicate Financing Fraud Faces New Foe That Sheds Light on an Elusive Thief
September 22, 2021  |  Payment Methods

In trade finance on a global level, there’s a form of fraud known to exist but is hard to quantify because it’s only discovered when...

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