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SaaS Platform Kount Partners With Verifi To Help Firms Minimize Disputes, Fraud

PYMNTS

Kount , the Boise, Idaho-based Software as a Service (SaaS) platform designed to simplify fraud detection and improve profitability, announced it has partnered with Verifi , the payment protection and management company. In June, Visa signed an acquisition agreement with Verifi.

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Deep Dive: Why Robust Email Verification Is The First Fraud Barrier For Consumer Onboarding

PYMNTS

One study on six countries, including Canada, the U.K. found that 32 percent of consumers have been targeted by some type of pandemic-related fraud , for example. One study found that 12 percent of consumers targeted by pandemic-related fraud were pinged by cybercriminals trying to change their details via call centers, for example.

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Report: Email Variants Keep BEC Fraud Humming Along

PYMNTS

In payments fraud, it pays — literally — to change up the game a bit. The report shows the use of malicious emails, rather than attachments, is on the rise — which darkreading.com said comes along with new variants of impersonation fraud. Individual Fraud Cases, Here and Abroad. The data across a sample set of 1.3

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How False-Positives Complicate The B2B Payments Fraud Fight

PYMNTS

Retailers focused on combating fraud have credit cards in the cross-hairs of their efforts. But ramping up the war on card fraud can introduce a new risk to companies: false positives. This isn’t merely an issue for the B2C world, however. The False Positive Threat.

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Mobile Order-Ahead With Extra Fraud Fighting, Coming Up

PYMNTS

False positives are the bane of fraud fighters everywhere, as they penalize legitimate customers due to the behavior of bad actors illicitly armed with credentials, card numbers and accounts. Sixty-two percent of QSR customers are concerned about fraud when interacting with QSR apps, according to a recent study.

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Study Reveals Consumers’ Mobile Shopping Behaviors

PYMNTS

However, according to the Remote Payments Study conducted by PYMNTS in September 2018, behavior habits are shared by consumers based on income, age and gender. percent, while branded options like Apple Pay (3.2 mCommerce isn’t one-dimensional. Consumers shop everywhere at anytime, and no two mobile users have the same behavior.

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Detecting And Preventing Cyberfraud Amid Large Transaction Volumes

PYMNTS

Over 60 percent of banks say fraud volumes are rising, with over 40 percent reporting that average fraud hit value is going up. Under COVID, one study finds that 22 percent of Americans had been targeted by pandemic-related fraud attempts as of April.

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