Remove Branding Remove Fraud Remove Security Remove social media
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Consumers Value Their Social Media But Put Security Onus On Companies

PYMNTS

Social media has taken on a life of its own — so much so that a new survey finds a lot of consumers value their life online at $100,000 to priceless. That may be particularly scary since Forbes reported that Mark Zuckerberg of Facebook got his social media accounts hacked for the third time in 2016.

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Fraud Decisioning Adapts To Shifting Conditions

PYMNTS

Advances in fraud decisioning have cybercrooks scrambling into the new arcana of synthetic identities and fiendish mass bot attacks, looking for any possible opening to exploit. Some industries are more prone than others, as we discovered in the latest Fraud Decisioning Playbook , a PYMNTS and Simility collaboration.

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Deep Dive: Using Phone Verification And Text Messaging For Secure Checkouts

PYMNTS

Social Security Administration, for example, requires recipients using its website to provide unique eight-digit codes sent via text to their smartphones in addition to their usernames and passwords when they sign up or log in. . It also outlines some of the frictions entities face when doing so. .

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Feds Charge Founders Of Mayweather-Endorsed Crypto Firm With Fraud

PYMNTS

Securities and Exchange Commission (SEC) has charged two founders of a cryptocurrency company for an allegedly fraudulent initial coin offering (ICO) that raised more than $32 million. The SEC alleges their company didn’t have a relationship with either brand. Their firm, Centra Tech Inc., dollars or other legal tender.

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Dock Stops Over USD$50m a Month in Fraud Using FICO Technology

FICO

The fraud prevention solution is based on FICO® Falcon® Fraud Manager and FICO® Customer Communication Services (CCS). The fraud prevention solution is based on FICO® Falcon® Fraud Manager and FICO® Customer Communication Services (CCS). Dock began implementing Falcon Fraud Manager in 2019 and added CCS in 2020.

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Shattering Merchants’ Information Silos In The Fight Against Fraud

PYMNTS

Can data make all the difference in the fight against payments fraud? The discussion played off the findings of a new whitepaper from the firm titled, “Driving Up Conversion with Effective Fraud Management.”. What works in preventing payments fraud at a large airline or telco system may not be germane for an electronics retailer.

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PayPal Scammers Take To Twitter

PYMNTS

The rise in social media fraud was noted in new research from cybersecurity firm Proofpoint. In the report, a new form of social media-based phishing attack, referred to as “angler phishing,” is discussed, and recent example of attempts from two fraudulent PayPal Twitter accounts are shown.