Cybersecurity

US immigration

New partnership will help immigrants establish US credit in minutes

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 ...
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photo by Josh Hild via Pexels

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

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

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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SMBs meet new consumer purchase preferences

Visa study finds new consumer purchase paths and SMBs responding

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. ...
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chargeback fraud

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

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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Forter Smart Routing

New fraud prevention tool will reduce merchant false order declines

Merchants, payment gateways, credit card issuers, and banks and have long battled the problem of orders falsely declined as part of fraud prevention programs often operated in isolation ...
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synthetic identity fraud

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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Postbank fraud $3.35 M

Out of Africa: Postbank scam hits 12 million South Africa bank customers

“Bank heist! How insiders stole millions and threatened the cybersecurity of more than 12 million South African bank customers.” It’s got all the makings of a made for ...
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