Fraud Prevention

BioCatch Announces $30M Financing Round
BioCatch Announces $30M Financing Round
March 13, 2018  |  Investments

U.S./Israeli startup BioCatch announced it has closed a $30 million funding round led by Maverick Ventures. Founded in 2011, BioCatch uses behavioral biometrics to prevent cyberattacks,...

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Visa Says Counterfeit Fraud At Chip-Enabled Merchants Plummets 70 Percent
Visa Says Counterfeit Fraud At Chip-Enabled Merchants Plummets 70 Percent
February 23, 2018  |  Fraud Prevention

Visa announced news on Friday (Feb. 23) that counterfeit fraud, as measured in dollars, dropped 70 percent in September 2017 compared to December of 2015....

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AI Puts Fraudulent Credit Card Testers To The Test
AI Puts Fraudulent Credit Card Testers To The Test
February 21, 2018  |  Fraud Prevention

This is not a test. Beware the credit card test. There may be no escaping credit card fraud, as it comes in one form or...

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Identity Theft: Moving Beyond Rules-Based Russian Roulette
Identity Theft: Moving Beyond Rules-Based Russian Roulette
February 21, 2018  |  Security & Fraud

The Mueller indictments exposed the weak links that plague IDV in the U.S. — even highlighting that a rules-based system is flawed at best. To...

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Unfriending The Friendly Fraudster
Unfriending The Friendly Fraudster
February 20, 2018  |  Security & Fraud

When most people hear about online fraud, they tend to think about what Noa Kalechstain, Riskified’s head of chargeback recovery, calls “classic fraud,” she explained in a...

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In Payments, Mulling Integration, Full or Semi
In Payments, Mulling Integration, Full or Semi
February 16, 2018  |  Payment Methods

As plastic and digital transactions make inroads where once cash reigned supreme, integrated payments are taking top of mind for POS resellers and merchants. As...

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Digital Breadcrumb By Digital Breadcrumb: The Trail To Verified IDs
Digital Breadcrumb By Digital Breadcrumb: The Trail To Verified IDs
February 13, 2018  |  Data Drivers

The rise of the machines? Not the latest Transformers or Terminator retread. The machines that we speak of here are the ones that act as the...

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Fed Says Payment Fraud Losses Top Of Mind For FIs
Fed Says Payment Fraud Losses Top Of Mind For FIs
February 07, 2018  |  Fraud Prevention

Payment fraud losses are top of mind for financial institutions around the country, the Federal Reserve Bank of Minneapolis reported. Based on a survey of...

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SMBs Have Payment Fraud Blind Spot
SMBs Have Payment Fraud Blind Spot
February 07, 2018  |  SMBs

Small- and medium-sized businesses (SMBs) are in the dark when it comes to the impact payments fraud can have on their company, a new report...

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