Cards Comparison Fraud Management 
PYMNTS
FEBRUARY 12, 2020
As for the areas where scammers managed the biggest hits, business email compromise (BEC), confidence/romance fraud and spoofing were the top three types of crime in terms of monetary losses. By comparison, phishing scams usually bring in between $300 – $500, while ransomware attacks cost around $4,400.
PYMNTS
APRIL 27, 2020
As the digital shift continues to keep pace with post-coronavirus shopping behaviors, eCommerce fraud is growing with it. In fact, 22 percent of respondents in a recent TransUnion survey claimed they had “been targeted by digital fraud related to COVID-19.” Consumers know it as the fingerprint or facial recognition on credit cards.
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PYMNTS
NOVEMBER 30, 2020
Shoppers may be reluctant to hand over their card details to every online retailer, as each transaction represents another risk that consumers’ information could be exposed in a breach. Virtual Card Payment Trends. Merchants’ efforts to please shoppers have ushered in a wave of virtual card activity in recent months, Knutson said.
FICO
MARCH 9, 2020
has become a prepaid card store, with rows and rows of gift and other prepaid debit cards on display. In April 2019 The Wall Street Journal reported , “The total amount loaded on general-use prepaid cards in the U.S. This is almost identical to the existing fraud protection provisions for credit cards.
PYMNTS
JUNE 20, 2019
Tried-and-true credit unions (CUs) have managed to keep pace with commercial banks, FinTechs and other financial institutions. percent of those focused on data analytics said they also focused on fraud management solutions in the previous three years, compared to only 60.6 In comparison, 89.8 In the study, 91.7
FICO
MARCH 10, 2022
I’ve been writing recently about the results of our recent global consumer fraud survey. But like most things, it’s not as simple as it sounds, as large customer groups are likely to switch banks if they are dissatisfied with their response to a fraud management incident (more on that in a moment). your mobile phone).
BankBazaar
JULY 11, 2019
Take note of these common money management myths! Myth 2 – Credit Card Balance Is Good For Your Credit Score. Nopes, while keeping your Credit Card active is wonderful for your Credit Score , not clearing your balance is not the best thing to do. Additional Reading : Credit Cards – The Myth And The Legend.
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