Home Posts tagged "fraud" (Page 3)
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How Manual Review Metrics Vary Across Small and Large Merchants

It can be difficult for merchants to really understand how well they are performing with manual reviews for online fraud management relative to their peers. In this FraudBlog post we look at merchant reported statistics from three surveys covering merchants of all sizes in North America and the United Kingdom highlighting major differences between high

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With Custom Modeling, Deployment is Just as Critical as Design

Whether an organization is building a custom modeling solution in-house, using a service provider or combining both in-house and third party resources, the fundamental components of an effective custom modeling solution are the same. Statistical models must first be created, which requires historical data, a team of modeling experts, as well as the right tools

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CNP Fraud on UK Cards Up 23 Percent in First Half of 2014, Compared to 4 Percent Increase in Counterfeit Card Fraud

The latest figures on card fraud losses in the United Kingdom, coming from industry group Financial Fraud Action UK, support the expectations of most industry experts that when EMV rolls out in the United States it will have a positive impact on deterring counterfeit cards and fraud at the point-of-sale, but lead to more fraud

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More secure credit cards make fraudsters rush to eCommerce

October 2015 is the deadline for switching credit cards and readers to EMV/Chip & PIN technology in the US. At this point fraud liability switches to the party with the lesser technology, which will have substantial impact on unprepared merchants. The eCommerce channel must also get ready as stopping fraud at physical retail stores will

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2014 Mobile Payments & Fraud Survey Report

Following the success of last year’s inaugural Mobile Payments & Fraud Survey Report The Fraud Practice, Kount and CardNotPresent.com have once again teamed up to offer this year’s installment highlighting the opportunity, growth, preferences and priorities as it relates to the mobile channel. Download a free copy of the Mobile Payments & Fraud Survey: 2014

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95 Percent of Americans Received Email with Malware and 9 Percent Opened the Attachment

According to a recent report from Halon, an email security provider, 94.7 percent of Americans received one or more emails that contained a virus, spyware or malware while nearly 9 percent opened an attachment infecting their computer or device. Read More

 
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Nearly Half of all Global Card Fraud Losses Occur in the United States

According to The Nilson Report, global card fraud losses surpassed $11 billion in 2012 while the U.S. accounted for nearly half of the card fraud loss volume. Read More

 
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Text Message Scams Target Consumers Regionally and Nationwide

Just as fraudsters send email phishing scams they also try to elicit payment information through text message scams, a practice referred to as SMiShing. These scams continue to target consumers en masse imitating well-known and established brands, but recent attacks have also targeted specific regions impersonating local credit unions and financial institutions. Read More

 
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