Financial crime prevention firm Featurespace has launched a partnership with fraud detection software maker OrboGraph. The collaboration, announced Tuesday (July 23), is aimed at protecting financial services companies from check fraud. “Check fraud is a growing and concerning area of financial crime — we know...
Galileo Financial Technologies now offers 3D Secure to help clients protect against card-not-present (CNP) debit and credit card fraud. The company’s new Galileo 3D Secure Access Control Server is available to clients in the United States, Canada and Latin America, Galileo said in a Tuesday...
Stadiums and venues across the globe are filling up this summer. From the upcoming 2024 Summer Olympics in Paris to Taylor Swift’s ongoing and record-breaking Eras tour and beyond, there is, quite simply, a lot to do and see for the world’s consumers. But as...
CDK Global has “substantially all” of its car dealership customers back online with their management systems, about two weeks after the company’s systems were taken down by hackers. The company had said Monday (July 1) that some of its systems could be down as late...
The hackers who struck car dealership software-as-a-service (SaaS) platform CDK Global on June 18 and 19 are reportedly affiliated with a Russia-based group called BlackSuit. This cybercriminal group has been tied to 96 extortion efforts since May 2023 and has likely committed dozens more, Bloomberg reported Friday (June 28)....
Neiman Marcus reported a data breach that affected 64,472 customers. The incident occurred on April 14 and was discovered on May 24, the retailer said in a data breach notification filed with the Office of the Maine Attorney General. The company’s filing identified the incident as “external...
Identity verification and fraud prevention firm FiVerity is launching its Identity Trust Management platform. The platform integrates features such as enhanced know your customer (KYC) measures, fraud investigation, continuous monitoring, actionable insights, reporting and orchestration, the company said in a Tuesday (June 25) news release....
The opportunities have never been greater, and the challenges more challenging, for America’s small businesses. And with the news that small and-medium-sized businesses (SMBs) could be facing up to a 40% jump in “friendly fraud” and “first-party fraud” — meaning card chargebacks and disputes by...
In today’s digitally connected economy, security and user experience are becoming increasingly intertwined and interdependent. Against that backdrop, the transformative potential of passwordless authentication represents a crucial step toward a more secure and efficient digital future. “A password is nothing but a shared secret, and...