FRAUDBLOG

Sep 28, 20212 min read

T-Mobile Data Breach Compromises Millions of Consumer Records, Including SSNs

T-Mobile is currently investigating the extent of a data breach before officially disclosing the number of customers impacted. This...

Sep 17, 20211 min read

WELCOME TO NEWS & EVENTS

Welcome to The Fraud Practice’s FraudBlog; your source for updates on current events, commentary and best practices related to the...

Sep 17, 20213 min read

Is Model-Based Fraud Scoring right for your business:

Model-Based Fraud Scoring is a technique used by merchants to predetermine the level of risk involved with an order in a card-not-present...

Sep 17, 20212 min read

Should Legacy Rules-Based Systems be Ruled Out as New Marketplaces Emerge?

The accelerations in eCommerce Delivery, Marketplaces and the gig economy have companies scrambling to make better decisions, faster. ...

Sep 17, 20212 min read

The Rise of Machine Learning and AI in the Fraud Prevention Industry

13% of organizations today have adapted Machine Learning and AI into their fraud detection protocols. Another 25% of organizations plan...

Sep 17, 20212 min read

The Cost of Friction Versus Security with New SCA Mandates

In Europe, digital retail payments were to become more secure and less susceptible to fraud with the introduction of SCA. Yet a new...

Sep 17, 20212 min read

Keeping a Close Eye on the SCA Regulations Influencing the Global Payments Industry

The EU has set the stage with its SCA (Strong Consumer Authentication) regulations designed to make digital payments more secure. The...

Sep 17, 20211 min read

Equifax Acquires Kount for $650M Becoming Third Credit Bureau to Acquire a Device ID Provider

Equifax finalized a deal to purchase Kount for $650 million, following suit after TransUnion acquired iovation in 2018 and Experian...

Sep 17, 20211 min read

Fraudsters Raised the bar in 2020 Increasing the Average Fraud Purchase Value to Over $700

The average order value during the Black Friday weekend was up 64 percent year-over-year, but during the entire months of October and...

Sep 17, 20211 min read

More than 36 percent of Consumers Admit to Friendly Fraud

More than 36 percent of consumers admitted to falsely claiming a transaction was unauthorized or fraudulent while 31 percent falsely...

May 19, 20092 min read

PRESS RELEASE: TIPS FOR SMALL BUSINESSES TO AVOID CASH RESERVES IN A RECESSION

Red Bank, May 19, 2009/PRNewswire/ - As if the recession is not enough to deal with, for small and medium businesses that are growing...

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