Fraudsters follow the money. Take, for example, the Super Bowl. About half of all Americans were expected to place some kind of wager on the game, and online sports betting sites were expected to take in $4.3 billion by the time the championship trophy was...
David Briggs, founder and CEO of GeoGuard, explores how the pandemic has triggered the acceleration of digital in the payments arena, and why he believes the change is a permanent one. Read his insights in “A Look Forward: What Executives Wish for America and the World...
In today’s top news, LendingClub gets approval to acquire Radius Bancorp, and GDPR fines have escalated as European regulators step up enforcement. And Plaid plans to double the size of its European offices. LendingClub Gets OK To Acquire Radius Bancorp LendingClub has gotten the regulatory...
In financial services, in the eternal war to keep customers (and themselves) safe from online fraudsters, banks may lift a mantra from the real estate sector: It’s all about location, location, location. Geolocation services are proving to be a powerful weapon against phishing attempts, account...
March 04, 2021
Cryptocurrencies are gaining an ever-increasing number of adherents on Wall Street, Main Street and, bit by bit, in everyday commerce. And it’s no surprise that they’re also gaining the attention of fraudsters, intent on leveraging a key feature of the crypto ecosystem, especially exchanges. That feature is anonymity, and they use it to exploit vulnerabilities, […]
February 11, 2021
Fraudsters follow the money. Take, for example, the Super Bowl. About half of all Americans were expected to place some kind of wager on the game, and online sports betting...
December 29, 2020
With digital transactions and eCommerce soaring during the pandemic, the rate of increasingly sophisticated fraud has also risen. With it, financial institutions need to strengthen their compliance to mitigate the...
December 07, 2020
At a time when 80 percent of apps ask for (and are usually given) users’ geolocation data, the fact that most mobile banking applications still don’t is unacceptable, GeoGuard CEO...
