Credit Card & Online Fraud

loyalty program fraud up 89%

Loyalty program fraud growing fast; merchants unprepared

When it comes to loyalty program fraud, merchants are unprepared, and consumers are uninformed about the risk to their personal information and their hard-earned rewards according to e-commerce ...
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iGaming fraud report

Scams plague online gaming industry, Super Bowl too

In the run-up to the Super Bowl LIV, iovation released its 2020 iGaming Report, providing an analysis of more than 4 billion online gambling transactions from the past ...
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Australia brushfires

Latest Magecart e-commerce attack hits nonprofit Australian brushfire donors

What do these companies all have in common? British Airways, Ticketmaster, Newegg, Delta Airlines, Sears, Proctor & Gamble, and Macy’s. If you’re in the payments industry, you might ...
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15% of 2019 e-commerce sales were fraudulent

15% of US online holiday sales potentially fraudulent

When it comes to online fraud, US Thanksgiving was a turkey for online sellers as online fraud jumped 29% compared to 2018 according to new research from fraud ...
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risk

TransUnion fraud survey highlights merchant holiday sales risks

With Black Friday and Cyber Monday approaching, online sellers are gearing up for the most important sales event of the year. Unfortunately, fraudsters are also gearing up and ...
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international online shoppers

Partnership attacks two biggest barriers to US international e-commerce sales

With global e-commerce likely to reach a record of nearly $3.5 trillion in 2019, why are more US businesses not making bigger headway in growing their international e-commerce ...
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$35 million missing in US payroll fraud

Cloud payroll company up in smoke, $35 million missing

The $81 billion payroll processing business in the US is normally bedrock solid, made up of longtime players and innovative new payroll-as-a-service (PaaS), cloud-based fintech startups. Like the ...
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ransomware research

US ransomware attacks rising fast; how to protect your organization

New reports show a fast rise in ransomware attacks across the US. Last Friday, 23 Texas towns were hit in a coordinated attack by what is believed to ...
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AI moves into debt collections

AI approaches for a new debt-collection era

For decades, debt collection has relied on the same methods: repeated phone calls and letters to consumers. Not only does this take a lot of time and energy, ...
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Kount AI fraud protection

Kount AI raises payments fraud protection potential

Payments fraud is growing at 14% year over year, faster than overall retail sales, and growth in mobile fraud is also accelerating. According to Juniper Research, retailers could ...
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