Financial institutions (FIs) face tough decisions when trying to keep their clients safe. Customers and merchants rely on their banks and credit unions (CUs) to ensure they have secure, convenient online transactions, and many FIs work to detect fraud by looking for abnormal purchasing behaviors that...
Some people think the best thing about the Pennsylvania-based convenience store and fuel chain Wawa is their absurdly delicious jalapeño-stuffed pretzels, oozing with molten cheese. So very tasty. Bad people love Wawa, too – mostly for its large database of consumer information. In they went,...
Banks are increasingly embracing new channels to offer seamless omnichannel services to their customers, but doing so often creates silos that handle large amounts of collected data. This creates new security challenges as firms must learn to centrally manage their fraud protection methods while also...
Bad actors are increasingly targeting transit companies’ loyalty programs and relying on stolen payment credentials, but tighter online authentication measures and artificial intelligence (AI)-powered solutions can put the brakes on that fraud. In the new Merchant Fraud Decisioning Playbook, Greyhound Lines Vice President of Strategy,...
May 04, 2020
Financial institutions (FIs) face tough decisions when trying to keep their clients safe. Customers and merchants rely on their banks and credit unions (CUs) to ensure they have secure, convenient online transactions, and many FIs work to detect fraud by looking for abnormal purchasing behaviors that could indicate something is amiss. Seeing consumers’ cards suddenly used […]
January 16, 2020
Fraudsters are starting off the new decade armed with the stolen data and credentials of millions of global consumers, and they are already putting that data to use. Today’s fraudsters...
November 07, 2019
Fraudsters are constantly reinventing their approach to schemes, putting businesses and eCommerce merchants in a precarious position of responding to constantly-evolving fraud threats. In other words, it is no longer...