Remove Comparison Remove Fraud Remove Marketing Remove Security
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When Fraud Risk Is Credit Risk In Disguise

PYMNTS

Here’s a test: What’s fraud? Those questions also speak to the seemingly impossible tension in the world of payments and new card accounts: how to onboard and authenticate consumers as quickly and seamlessly as possible, while also protecting them and the institution from fraud. Fraud Getting Worse.

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Sharing Platforms Fight Fraud, Make Friends

PYMNTS

Platforms are doubling down on security in the wake of embarrassing data breaches and steady consumer fraud complaints, but it’s a fluid situation. The happier story, by comparison, is payments. Within less than five years, payment platforms will be valued at $154 billion annually, much of that in the travel markets.

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Can Digital Platforms Solve The Fraud vs. Friction Dilemma?

PYMNTS

These platforms promise fast, seamless transactions, which most deliver – but when platforms focus on reducing friction for users, it can backfire and create new vulnerabilities to fraud. An unexpected consequence of the retailer race to offer same-day and one-day delivery is increased fraud exposure. Nearly one-third (30.4

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Are concerns around contactless fraud justified?

NCR

As contactless card transactions become increasingly common in markets such as the UK and on public transit globally, it seems inevitable that there will be growing concerns around the potential for fraudsters to exploit this form of payment. million lost to contactless fraud in 2015. percent of total card fraud in the UK.

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Proactive Customer Communication for Fraud Prevention

FICO

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). Possession – something you have (e.g

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Deep Dive: Safeguarding B2B eCommerce And The Corporate Customer Experience

PYMNTS

trillion by 2020, but new sales channels also invite emerging fraud forms. More than $1 trillion is expected to be spent on cybersecurity solutions worldwide between 2017 and 2021 as companies address the need for protections and make major investments in digital fraud-fighting techniques. The Sizable Online Fraud Threat.

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E-Commerce Merchants: A Hot Commodity in the Dark Web

Abrigo

Financial institutions should be proactive with their fraud prevention on the dark web. . With prominent victims such as British Airways, Ticketmaster, and Newegg, among others, this type of attack became known as “Magecart” and gained notoriety within information security circles and beyond. Market Dynamics. get started.

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