Sections
Fraud Prevention
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1.1KAuthenticationThe Bank App Feature 54.1 Percent Of Consumers Agree They Want
Though many banks may be betting big on advanced technology to help them in the fight against financial fraud, their customers would...
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1.1KFraud PreventionEmploying A Multilayered Approach For Robust Fraud Protection
Fraud protection techniques have advanced rapidly over the past decade to keep pace with fraudsters preying on emerging weak points. Bad actors...
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2.6KRetailRetailers Increasingly Turn To AI For Security And Efficiency
Artificial intelligence (AI) is moving from cool concept toward everyday consumer reality, and signs of that innovation are increasingly appearing in the...
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1.1KFraud PreventionProtecting Against Sharing Platform ‘Low-Hanging Fruit’ Scams
Not all of the nearly 15 million U.S. RV campers who rely on online vehicle marketplaces get what they pay for. Scammers...
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2.5KFraud PreventionHow AI Helps Marketplaces Fight Off-Platform Fraud
Fraudsters are starting off the new decade armed with the stolen data and credentials of millions of global consumers, and they are...
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2.1KSecurity & FraudDataVisor Launches Real-Time Fraud Detection Solution
Fraud detection company DataVisor, which uses artificial intelligence (AI) to help find fraud activity and correct it, has released a new anti-fraud...
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2.1KFraud PreventionFraud Decisioning Pulls Ahead In A Tight Race
The cat-and-mouse game between law enforcement and code-abusing felons is entering a new year, and a new phase. The world’s biggest social...
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2.1KFraud PreventionDeep Dive: The Importance Of Taking Fraud Decisioning Strategies Omnichannel
Online firms and their banking partners have both the means and motives to stop fraudsters from accessing personal information, but today’s connected...
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2.7KFraud PreventionHow TripAdvisor Put The Kibosh On 1M Fake Reviews With Machine Learning
Reviews are a critical part of the online travel economy, with online shoppers poring over feedback to decide which companies to patronize....
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3.1KSecurity & FraudSynthetic Fraud’s Slow Roll Across FIs
Impersonation fraud — where a cybercriminal pretends to be someone they aren’t in an attempt to make off with funds — gets...
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3.1KFraud PreventionDigital Fraud And AI Battle To The Death
All in all, cybercriminals had a pretty good year. In Q3 2019 alone they made off with cryptocurrency valued at almost $4.5...
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1.7KFraud PreventionDeep Dive: Clean And Friendly Fraud Play Dirty
Fraud comes in many forms, and the fight against it never ends. Fraudsters pretending to be someone else generally take one of...
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3.2KFraud PreventionHow TripAdvisor Sends Review Fraudsters Packing
Fraudsters are as busy during the holidays as consumers and merchants. There are plenty of opportunities for cybercriminals to wreak havoc, especially...
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4.5KFraud PreventionHow AI Helps Priceline Ground Fraudsters, Lets Customers Take Off
Fraud continues to plague the digital world, despite the fortunes spent to curb it. Industries that operate solely online are some of...
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2.5KAlternative FinancesAfter The Disruption: Alt-Banking Goes Straight, Chases Bad Guys
As alt-banking matures and FinTechs mushroom, challenger banks are losing their cool “disruptor cred” and blending into the banking landscape. Not as...
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2.6KMobile PaymentsMobile Order-Ahead: It’s What’s For Dinner
In the mobile order-ahead space, consumers are not getting what they ordered – and that doesn’t mean burgers or salads. What consumers...
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3.3KSecurity & FraudNew Facebook AI Doubles Detection Of Fake Accounts
Facebook has been using a new type of artificial intelligence (AI) to identify and delete hundreds of millions of fake accounts, according...
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3.4KSecurity & FraudWhy Securing Digital Transactions Is On Every Merchant’s Wish List
While dealing with fraud has always been a cost of doing business for merchants, the digital age has changed the game in...
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9.5KSecurity & FraudThe Fraud That 85 Percent Of Fraud Detection Systems Miss
The battle against fraudsters in the digital era has evolved into a never-ending arms race. The tools we use to detect, score...
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2.3KFraud PreventionInstart Releases Anti-eSkimming Product ‘Privacy Alert’
Computing and security company Instart has released a new product meant to fight against the practice of eSkimming, which is when criminals...
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1.6KToday In DataFor Consumers, Control (Over Transactions) Is Key
Black Friday and Cyber Monday have come and gone. With eCommerce now surging into the holidays, consumers may be mindful of the...
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5.5KFraud PreventionDeep Dive: How Reshipping Scams Deliver For Fraudsters
The Better Business Bureau (BBB) has a warning for the public: When an offer appears too good to be true, that is...
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3.5KFraud PreventionHow Ticketmaster Rewards Fans And Bars Fraudsters
Some 11 million U.S. consumers were scammed into buying fake or nonexistent live concert tickets last year — a trend that puts...
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Taking On Sharing Economy Trust, Luxury Retail Evolution With Innovation
Sharing economy platforms have become a force to be reckoned with, as a sizeable number of consumers use them to make their lives...
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4.7KFraud PreventionHow Ticketmaster Uses AI To Sort Fans From Fraudsters
The holiday shopping season is kicking into high gear with retailers working aggressively to entice customers with deals and discounts. Fraudsters, sadly,...
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3.0KInvestmentsBuguroo To Use $11M Funding Round For ML-Driven Fraud Detection
A startup that analyzes banking activity to identify fraudulent behavior has raised $11 million in a Series A funding round, according to...
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3.1KFraud PreventionFighting Real-Time Payment Fraud In Layers, With Moats
Real-time payments, real-time risk. As consumers embrace real-time transactions, financial institutions (FIs) must recalibrate their fraud-fighting strategies. In an interview with PYMNTS,...
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4.0KFraud PreventionLessons From Airbnb On Solving The Sharing Economy Trust Issue
Trust has always been the bedrock of the sharing economy. But in recent weeks, the issue of trust — and fraud —...
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4.9KFraud PreventionHow Treasurers Prep For Cash Management’s ‘Worst Days’
There are bad days. And then, for corporate treasury professionals, there are really bad days. The kind of days when systems go dark, cyberattacks...
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3.6KFraud PreventionQSRs Fight Back Against Friendly Fraud
Over the last several decades, issuers and card networks have worked hard to educate consumers on a single point: If a fraudster...
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2.3KDataAs Fraud Feeds On Data, FIs Harness It With AI
Last month, Nasdaq began using an artificial intelligence (AI)-powered tool to flag suspicious trades. The machine learning tool got up to speed...
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2.0KToday In DataIdentifying Opportunities For Online Commerce And Digital IDs
For online merchants, knowing that the person on the other side of the transaction is who they say there are is of...
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2.6KFraud PreventionDeep Dive: How Data Provides Businesses With Competitive Analytics
Businesses from a wide variety of industries must handle troves of data as they continue to crack down on fraud. Making sense...
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2.1KFraud PreventionKeeping On-Demand Professional Services Fraud-Free
Catching fraudsters can feel like a game of whack-a-mole for marketplaces that must carefully vet both buyers and sellers. The key, says...
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5.3KFraud PreventionHow Handy Uses Data To Find Fraudsters Before They Strike
Fraudsters are constantly reinventing their approach to schemes, putting businesses and eCommerce merchants in a precarious position of responding to constantly-evolving fraud...
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3.5KFraud PreventionExperian To Leverage DataVisor’s AI Tech To Better Fight Fraud
Fraud detection company DataVisor has teamed up with Experian to integrate the company’s “unsupervised machine learning powered transactional risk assessment capabilities” into...
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3.2KFraud PreventionWhy Friendly Fraud Is Anything But Friendly
While there is little good to be said about criminal fraudsters who plague merchants by stealing credentials to snag goods with absolutely...
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5.7KSecurity & FraudGIACT On Payments’ $29M Wire Fraud Wake-Up Call
Last week, the U.S. subsidiary of Japan’s largest financial media organization, Nikkei, made headlines for the reason that no firm ever wants:...
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3.1KFraud PreventionBuilding A More Trustworthy eCommerce Marketplace
The thrill of the hunt — and chance to snag a good deal — is what drives millennials to local marketplaces. In...
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3.5KFraud PreventionOfferUp’s General Counsel On Keeping Marketplace Shoppers Safe From Scammers
Online tools are saving customers time on acquiring goods and services. Unfortunately, these tools are also saving time for fraudsters, who are...
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3.8KSecurity & FraudGIACT Fraud Platform Now Automates PII Monitoring
Identity verification solutions provider GIACT Systems has announced the launch of an automated identity monitoring service called gIDENTIFY Persistent Monitoring, the company...
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3.1KRetailSurvey: US Retailers Face Fraud, Currency Barriers In Global Online Sales
A new survey has found that the biggest obstacles hindering online retailers from doing business abroad is fraud prevention, and currency and...
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4.4KFraud PreventionWhat It Takes To Outsmart Fraudsters In Emerging Markets
We might all be in the middle of one of the greatest — and most vital — cat-and-mouse games of all time....
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3.5KFraud PreventionDeep Dive: Unsupervised Machine Learning Steps Up To Fight Fraud
Fraudsters are getting increasingly creative when stealing money and data, but many FIs, FinTechs and merchants are still taking established approaches to...
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4.2KFraud PreventionChase Taps Machine Learning For Proactive Approach To Fraud
Banks have a Goldilocks problem: Authentication processes can’t be too rigorous for legitimate consumers, but also can’t be too lax so that...
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3.7KSecurity & FraudAmazon’s New Anti-Fraud Program Helps Sellers Avoid Counterfeits
In its ongoing efforts to prevent fraud on its site, on Tuesday (Oct. 1) Amazon announced a new program to help sellers...
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4.6KSecurity & FraudMastercard’s Threat Scan Helps Banks Detect Vulnerabilities
Mastercard has launched Threat Scan, a global solution to help banks spot authorization weaknesses before a breach occurs, the company announced in...
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4.2KSecurity & FraudVocalink Teams With TSB To Stop Real Time Payments Fraud
TSB is teaming up with Mastercard’s Vocalink to roll out a solution to help prevent fraud and payment mix-ups, Vocalink announced in...
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5.1KSecurity & FraudOracle Offers AI Automation For AML Compliance
Financial crimes risk management software company Quantifind and Oracle Financial Services have teamed up to improve anti-money laundering (AML) compliance and to...
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2.5KToday In DataHow To Make Commerce And Payments Smarter
Grocery shopping is getting much, much smarter as the pace of innovation heats up. So are mundane, often frustrating tasks, such as moving. Meanwhile,...
