Forter

Lawmakers Introduce Legislation to Reform FinCEN and Protect Small Business Data
Lawmakers Introduce Legislation to Reform FinCEN and Protect Small Business Data
June 12, 2023  |  Regulation

In today’s fast-paced world, financial crimes are becoming increasingly common, and it’s crucial to safeguard consumers and businesses.  Lawmakers are moving to reform the Financial...

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Why Past Is Not Prologue for Merchants and 3DS
Why Past Is Not Prologue for Merchants and 3DS
May 30, 2023  |  Authentication

The conventional misconception surrounding 3DS — short for three-domain secure — the security protocol that debuted more than 20 years ago, is that it’s a...

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Generative AI Gives Scammers More Tools and Greater Reach
Generative AI Gives Scammers More Tools and Greater Reach
May 05, 2023  |  Security & Fraud

In today’s digitized environment, it is becoming more complex to combat all the potential exposure points where businesses could lose money. “Fraudsters, as a general...

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AI Helps Banks and Merchants Fill Digital Payments Risk Management Gap
AI Helps Banks and Merchants Fill Digital Payments Risk Management Gap
April 13, 2023  |  Artificial Intelligence

Digital commerce has a data problem. Jeff Hallenbeck, head of financial partnerships at Forter, told PYMNTS that “data droughts” exist between issuers, payment service providers...

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Merchants Lose 2% of Sales Every Year to Return and Promotion Policy Abuse
Merchants Lose 2% of Sales Every Year to Return and Promotion Policy Abuse
November 22, 2021  |  Retail

Policy abuse can cause retailers to lose more than 2% of their revenue each year, and yet only 46% of firms use internal technology to...

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Good Customers Gone Bad — Retailers Lose $89B Annually to Return Policy and Promotions Abuse
Good Customers Gone Bad — Retailers Lose $89B Annually to Return Policy and Promotions Abuse
November 03, 2021  |  Fraud Prevention

Retailers are well aware that as technology makes it faster and easier for consumers to shop online, bad actors are not far behind in adopting...

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Retailers Need to Combat Fraud and False Declines to Win Lifetime Customers
Retailers Need to Combat Fraud and False Declines to Win Lifetime Customers
October 19, 2021  |  Security & Fraud

“Forty percent of shoppers who are declined on their first visit won’t return, and one-third will end up seeking out the competition,” says Liron Damri,...

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Today In Payments: Paymentus And Flywire IPO; Forter Raises $300 Million
Today In Payments: Paymentus And Flywire IPO; Forter Raises $300 Million
May 26, 2021  |  News

In today’s top news, Paymentus and Flywire both began trading on Wednesday (May 26), and Forter raised $300 million for its eCommerce fraud prevention platform....

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eCommerce Fraud Prevention Firm Forter Raises $300 Million
eCommerce Fraud Prevention Firm Forter Raises $300 Million
May 25, 2021  |  Investments

eCommerce fraud prevention company Forter has raised $300 million in a Series F funding round, according to a press release. This marks a near-tripling of...

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