Fraud’s cost goes far beyond the actual amount stolen, with a recent study finding that every dollar lost to fraud costs FIs about $4.36 in total. Moreover, this represents only directly related expenses, such as legal fees and recovery: The true cost of fraud, taking...
Accertify and Signifyd, two providers of eCommerce fraud solutions for merchants, announced Thursday (Oct. 27) an agreement under which Accertify will integrate Signifyd’s service into its fraud management platform for enhanced fraud screening. In a press release, the companies said Accertify merchants who use the service...
A psychologist, biologist, anthropologist and physicist walks into a high tech cybersecurity firm…. Seriously. Psychologists, biologists, anthropologists and physicists are among the six or seven profiles who fraud technology company, Forter CEO Michael Reitblat tells MPD CEO Karen Webster, make the most effective and...
In an effort to expand its fraud and identity management offerings, global credit and information management solutions provider TransUnion closed on the $44 million acquisition of Trustev. Ireland-based Trustev supports digital verification technology across numerous industries, and its online risk analytics will be leveraged by...
October 23, 2023
Socure has launched its first-party fraud solution, Sigma First-Party Fraud, along with the First-Party Fraud Consortium (FPFC). Together, these solutions aim to help companies detect and prevent first-party fraud, the provider of digital identity verification and fraud solutions said in a Monday (Oct. 23) press release. First-party fraud is harder to prevent compared to identity fraud because it […]
October 28, 2016
Accertify and Signifyd, two providers of eCommerce fraud solutions for merchants, announced Thursday (Oct. 27) an agreement under which Accertify will integrate Signifyd’s service into its fraud management platform for...
December 11, 2015
In an effort to expand its fraud and identity management offerings, global credit and information management solutions provider TransUnion closed on the $44 million acquisition of Trustev. Ireland-based Trustev supports...
October 26, 2015
In today’s cybersecurity-focused world, the concept of fraud management has nearly become synonymous with the term business management. After all, not preparing for potential fraud comes at a costly risk....
