Fraud Prevention

Why Friendly Fraud Is Anything But Friendly
Why Friendly Fraud Is Anything But Friendly
November 05, 2019  |  Fraud Prevention

While there is little good to be said about criminal fraudsters who plague merchants by stealing credentials to snag goods with absolutely no intention of...

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GIACT On Payments’ $29M Wire Fraud Wake-Up Call
GIACT On Payments’ $29M Wire Fraud Wake-Up Call
November 04, 2019  |  Security & Fraud

Last week, the U.S. subsidiary of Japan’s largest financial media organization, Nikkei, made headlines for the reason that no firm ever wants: The company was...

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Building A More Trustworthy eCommerce Marketplace
Building A More Trustworthy eCommerce Marketplace
October 31, 2019  |  Fraud Prevention

The thrill of the hunt — and chance to snag a good deal — is what drives millennials to local marketplaces. In this month’s Digital...

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OfferUp’s General Counsel On Keeping Marketplace Shoppers Safe From Scammers
OfferUp’s General Counsel On Keeping Marketplace Shoppers Safe From Scammers
October 30, 2019  |  Fraud Prevention

Online tools are saving customers time on acquiring goods and services. Unfortunately, these tools are also saving time for fraudsters, who are seeking to acquire...

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GIACT Fraud Platform Now Automates PII Monitoring
GIACT Fraud Platform Now Automates PII Monitoring
October 28, 2019  |  Security & Fraud

Identity verification solutions provider GIACT Systems has announced the launch of an automated identity monitoring service called gIDENTIFY Persistent Monitoring, the company announced in a...

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Survey: US Retailers Face Fraud, Currency Barriers In Global Online Sales
Survey: US Retailers Face Fraud, Currency Barriers In Global Online Sales
October 25, 2019  |  Retail

A new survey has found that the biggest obstacles hindering online retailers from doing business abroad is fraud prevention, and currency and payment processing. Fraud...

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What It Takes To Outsmart Fraudsters In Emerging Markets
What It Takes To Outsmart Fraudsters In Emerging Markets
October 24, 2019  |  Fraud Prevention

We might all be in the middle of one of the greatest — and most vital — cat-and-mouse games of all time. That’s the sense...

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Deep Dive: Unsupervised Machine Learning Steps Up To Fight Fraud
Deep Dive: Unsupervised Machine Learning Steps Up To Fight Fraud
October 03, 2019  |  Fraud Prevention

Fraudsters are getting increasingly creative when stealing money and data, but many FIs, FinTechs and merchants are still taking established approaches to fraud, reacting to...

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Chase Taps Machine Learning For Proactive Approach To Fraud
Chase Taps Machine Learning For Proactive Approach To Fraud
October 02, 2019  |  Fraud Prevention

Banks have a Goldilocks problem: Authentication processes can’t be too rigorous for legitimate consumers, but also can’t be too lax so that fraudsters can easily...

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