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 and verandas since the start of the pandemic in March, according to new research from insuranceQuotes.com. In ...
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Cybersecurity
Cybersecurity
By Jeff Domansky, Oct 30, 2020 Another day, another serious data breach! This time it’s Home Depot Canada that appears to have mistakenly emailed an undetermined number of existing customers the data purchase and confirmation info of hundreds of other Canadian customers by mistake. The ...
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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 online shoppers. It sounds counterintuitive, but raising the topic of fraud can reassure customers that your online ...
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There’s so much going on in the payments world, it’s time for a roundup of quick news bytes and links to news you can use if you’re in the payments industry. Accelerating winds of change in global payments – McKinseyThe COVID-19 public- health crisis and ...
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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 and e-commerce fraud trends. Key among its findings were a five times growth in new online account ...
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With non-US-born residents making up nearly 15% of the US population, establishing credit is often a big challenge for these new immigrants, many of whom have excellent credit records in their home countries. It’s also a challenge for lenders who are keen to offer services ...
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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 dropped 9% from the first phase of the pandemic (Mar 11 – May 18) and the second ...
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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 “scamdemic” – a pandemic of payments and financial fraud that’s costing consumers and businesses billions of dollars. ...
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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 in fraud losses this year to date in the US alone. The US Federal Trade Commission (FTC) ...
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From online shopping with rising digital and contactless payments and the massive increase in home deliveries, retail online and in-store after the pandemic will never be the same. Visa is out with a new study that looks at both shifting consumers’ preferences and small business ...
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