Cybersecurity

Cybersecurity

CNP fraud is growing
Credit Card & Online Fraud Cybersecurity

Stunning Rise of CNP Fraud and How Merchants Can Fight Back

By Ron Hynes, CEO of Vesta March 22, 2021 Global losses from payment fraud tripled from 2011 to 2020, and card-not-present (CNP) fraud is proving to be among ...
Read more Comments Off on Stunning Rise of CNP Fraud and How Merchants Can Fight Back
identity theft and account takeover
Credit Card & Online Fraud Cybersecurity

US identity theft jumps as e-commerce grows

By Jeff Domansky, March 17, 2021 New research from Aite Group shows 47% of US consumers experienced financial identity theft (application fraud in their name or account takeover) ...
Read more Comments Off on US identity theft jumps as e-commerce grows
Feedzai research identifies skyrocketing fraud
Credit Card & Online Fraud Cybersecurity

Online transactions soared in 2020, fraud skyrocketed too

By Jeff Domansky, March 9, 2021 Consumers quickly embraced e-commerce and online payments last year while fraudsters high-fived with record purchase scams, impersonation, money mule schemes, and account ...
Read more Comments Off on Online transactions soared in 2020, fraud skyrocketed too
PaymentWorks' fraud prevention platform
Cybersecurity Logistics Payments Technology

How universities are fighting payments fraud

By Jeff Domansky, Feb 22, 2021 When it comes to fraud, universities are just one more appealing target for cybercriminals. Like many businesses, universities are taking proactive measures ...
Read more Comments Off on How universities are fighting payments fraud
Jan 25 global payments news
Cybersecurity Payments Trends

Global payments news roundup: Cybersecurity, false declines, digital wallet growth, Q4 VC funding, 2021 trends, real-time payments, more…

By Jeff Domansky, Jan 25, 2021 With the new US administration in town, there’s a huge volume of payment news and new developments in the payments industry, and ...
Read more Comments Off on Global payments news roundup: Cybersecurity, false declines, digital wallet growth, Q4 VC funding, 2021 trends, real-time payments, more…
cybersecurity spending growing
Cybersecurity

12 billion records stolen last year; cybersecurity spend will grow +10%

By Jeff Domansky, Jan 25, 2021 With new threats emerging and the number of attacks growing, global cybersecurity spending is expected to rise 10% in 2021, according to ...
Read more Comments Off on 12 billion records stolen last year; cybersecurity spend will grow +10%
Stripe cancels payment processing for Trump campaign
Cybersecurity E-commerce

Stripe stops payment processing for Trump campaign

By Jeff Domansky, Jan 11, 2021 Stripe announced it will no longer process payments for the Trump campaign website and fundraising after last week’s riots at the Capitol ...
Read more Comments Off on Stripe stops payment processing for Trump campaign
Trump online stores closed by Shopify
Cybersecurity E-commerce

Shopify shutters Trump online stores

By Jeff Domansky, Jan 8, 2021 Shopify closed two Trump brand stores on its e-commerce platform yesterday in response to the Wednesday violence at the Capitol building in ...
Read more Comments Off on Shopify shutters Trump online stores
B2B payments are automating rapidly
Cybersecurity E-commerce Payments Trends

3 predictions for B2B payments: Where next for ACH credit transactions?

By Thayer Stewart, CEO, PaymentWorks, Dec 15, 2020Everywhere you look, the statistics on B2B payments point to a rapid rise in the adoption of digital payments. Checks are ...
Read more Comments Off on 3 predictions for B2B payments: Where next for ACH credit transactions?
insurancequote.com Porch Piracy report
Cybersecurity E-commerce Retail

Avast: Beware porch pirates during the holiday delivery season

By Jeff Domansky, Dec 2, 2020 Apparently, porch pirates are alive and well, preying on online shoppers and stealing as many as 17 million packages from consumer porches ...
Read more Comments Off on Avast: Beware porch pirates during the holiday delivery season