Credit Card & Online Fraud

Credit Card & Online Fraud

False declines cost billions in lost revenue
Credit Card & Online Fraud E-commerce Payments Research

Shocking cost of lost business from false customer declines

By Jeff Domansky, Jan 15, 2021 New research from Forter shows merchants losing billions of dollars in missed opportunities as they struggle to balance the growing incidence and ...
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Christmas e-commerce, fraud
Credit Card & Online Fraud E-commerce Retail

It’s beginning to feel a lot like e-commerce, fraudsters & returns

By Jeff Domansky, Dec 15, 2020 It’s beginning to feel a lot like Christmas and that means last-minute online shopping, higher incidence of fraud, potential delivery delays, and ...
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consumers have data security concerns
Credit Card & Online Fraud Cybersecurity

Research: Fraud transparency is key to earning US consumer trust

By Rafael Lourenco, EVP, ClearSale Can online merchants earn more customer trust by talking about fraud? Yes, according to a recent survey of more than a thousand US ...
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Forter Fraud Attack Index
Credit Card & Online Fraud Cybersecurity

Forter forecasts increased online fraud for holiday season

By Douglas Hall, Publisher, PaymentsNEXT E-commerce fraud prevention leader Forter released its ninth Fraud Attack Index, providing in-depth insight into the impact of COVID-19 on online buyer behavior ...
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photo by Josh Hild via Pexels
Credit Card & Online Fraud Cybersecurity

Research: Business fraud drops, consumer fraud jumps during pandemic

When it comes to online fraud globally, there’s good news and there’s bad news. According to a new report from TransUnion, the good news is online business fraud ...
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Serious Scamdemic of pandemic fraud attacks
Banking Credit Card & Online Fraud Cybersecurity

Inside the growing payments and financial “scamdemic”

There’s no question e-commerce is booming for many reasons during the global pandemic. There’s one other huge growth industry during this same timeframe. It’s something I call a ...
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coronavirus masks 3
Credit Card & Online Fraud Cybersecurity E-commerce

US coronavirus scammers break $100 million barrier

Not only is COVID-19 wreaking havoc on the health and finances of consumers around the world, but scammers are also having a field day, surging past $105 million ...
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chargeback fraud
Chargebacks Credit Card & Online Fraud Cybersecurity

Chargebacks: All about the direct and hidden costs to business

By Douglas Hall, Publisher, PaymentsNEXT As if shopping cart abandonment, false credit card declines, and the pandemic aren’t causing enough problems for retailers and online sellers, chargebacks continue ...
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only 38% use gift cards within 30 days
Credit Card & Online Fraud Cybersecurity

E-gift cards see 820% jump in malicious attacks in 2020

While the popularity of e-gift cards is growing, it’s also accompanied by an increase in malicious attacks with the onset of COVID-19. Among the brands protected by PerimeterX, ...
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synthetic identity fraud
Credit Card & Online Fraud Cybersecurity E-commerce

Financial services see surge in online fraud during pandemic

With the rise of e-commerce and digital payments during the COVID-19, new research by TransUnion shows fraudsters are also getting in on the action. The recent report showed ...
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