PYMNTS

NOVEMBER 27, 2019

Cybercriminals are thus increasingly turning to online platforms to perpetuate card-not-present (CNP) fraud. The new Digital Fraud Tracker highlights the emerging fraud trends as well as the latest solutions and strategies that companies are embracing in an effort to protect themselves and their customers.

Fraud 151

Fraud Philadelphia social media Trends 151

PYMNTS

FEBRUARY 20, 2018

When most people hear about online fraud, they tend to think about what Noa Kalechstain, Riskified ’s head of chargeback recovery, calls “classic fraud,” she explained in a recent conversation with PYMNTS. It has attained the status of “classic” because fraud using stolen financials is the most prevalent type.

Fraud 112

Fraud Cards social media System 112

PYMNTS

APRIL 27, 2020

Banks do not always have the budgets or resources to craft cutting-edge online and mobile experiences, although they can no longer afford to put off digital transformations. The number of online banking customers is growing worldwide, and FIs’ consumers are coming to expect seamless digital experiences as a result.

Digital Banking 248

Digital Banking Tools social media Mobile 248

PYMNTS

JULY 28, 2019

The project will battle online abuses and misuses on the platform such as disinformation and election interference, Reuters reported on Friday (July 26). The ability to do academic research on what’s happening online has never been worse,” Stamos told the Guardian. .

social media 109

social media Security Policies Google 109

Qudos Bank

FEBRUARY 15, 2024

While dating apps, social media networks and gaming apps are great to connect with like-minded people, they could also put you at risk of connecting with a scammer that will manipulate you for money. Keep details about your hobbies and interests online to a minimum as scammers may leverage and use these to their advantage.

social media 52

social media Case Study Online Video 52

PYMNTS

JULY 16, 2019

Banks are innovating their application programming interface (API) platforms to allow for more third parties, while online merchants are prepping for a potential loss in revenue due to the security frictions that SCA might bring. Fraud isn’t the only thing banks and merchants are concerned over when it comes to SCA’s upcoming deadline.

Strategy 188

Strategy social media Regulation Retail 188

PYMNTS

JUNE 15, 2020

Attracting first-time patrons during the pandemic, when consumers are spending most of their time at home, has required enhanced online efforts, however, and review websites like Yelp have played a vital role. Online reviews are vital in today’s restaurant industry. Shifting To Mobile Ordering And Delivery.

social media 132

social media Mobile Connecticut Online 132

PYMNTS

FEBRUARY 20, 2019

19), Mastercard announced the launch of its Cybersecurity Toolkit for SMBs, an online resource developed in partnership with the Global Cyber Alliance (GCA) that provides entrepreneurs and business executives with guidance and tools to address the threat of cyberattacks on their companies. In a press release on Tuesday (Feb.

Resources 140

Resources social media Tools Policies 140

Qudos Bank

FEBRUARY 4, 2024

While dating apps, social media networks and gaming apps are great to connect with like-minded people, they could also put you at risk of connecting with a scammer that will manipulate you for money. Keep details about your hobbies and interests online to a minimum as scammers may leverage and use these to their advantage.

social media 40

social media Case Study Online Video 40

PYMNTS

AUGUST 11, 2017

However, this case shows how they are now trying to exploit holes in the vast online financial world. A spokesman for eBay said the company “has zero tolerance for criminal activities taking place on our marketplace” and that they are working with law enforcement officials on the case.

US 106

US Maryland social media United States 106

PYMNTS

JULY 16, 2019

Platforms facilitating these transactions must foster trust between property owners and renters if they want to be successful, but creating that confidence requires protecting both parties against fraud and bad actors. Marketplace Abuse. Platforms should instead assess the provided data by cross-referencing it against several other sources.

social media 145

social media Security Fraud Strategy 145

Abrigo

FEBRUARY 8, 2024

Client fraud education to prevent banking losses Financial institutions play a crucial role in safeguarding customers and members from fraud. Fraud education is key. You might also like this infographic: 5 Fraud typologies impacting you and your customers or members. DOWNLOAD Takeaway 1 U.S.

Fraud 195

Fraud Resources social media Software 195

Abrigo

OCTOBER 3, 2014

In the wake of several widely publicized fraud scandals over the last dozen or more years, such as Enron and Lehman Brothers, regulation of the accounting industry has come to the forefront of the public’s attention. His comments are not only applicable to his geographic region, but for sole props and firms across the country.

New Jersey 270

New Jersey social media Industry Regulation 270

PYMNTS

DECEMBER 20, 2018

From using instant messaging to getting directions and shopping online, consumers are constantly generating a trail of data about their preferences and whereabouts. However, while all that happens in the background, consumers are growing increasingly wary of how their data is collected and stored. Around The PSD2 World. About The Tracker.

San Francisco 187

San Francisco Regulation social media Data 187

PYMNTS

MARCH 28, 2018

billion due to fraud in 2016, and a significant portion of that stems from chargeback fraud. According to LexisNexis , chargeback fraud accounts for 28 percent of all fraud that occurs at an eCommerce company, tied for first place with “ friendly fraud.” Researchers estimate U.S.

Security 110

Security Strategy Fraud Customer Experience 110

PYMNTS

JANUARY 6, 2017

It never takes long for cybercriminals to find new avenues to perpetrate fraud. Fraud On The Line. In the past, India wasn’t known for large-scale fraud, but that is changing. Ad Fraud Takes Center Stage. Like the old saying goes, when one door closes, a window opens.

Video 133

Video Fraud Security social media 133

Gonzobanker

OCTOBER 13, 2020

With megabanks spending billions on digital investments each year, regional and community bank executives understand they cannot compete on resources. To ensure an effective digital customer feedback process, banks should: Utilize a surveying system that can easily be linked from a mobile app, online, and on your website.

Strategy 158

Strategy Digital Banking Digital Strategies Mobile 158

PYMNTS

AUGUST 18, 2016

In the new Fraudster Profile Podcast Series , Karen Webster is joined by Forter fraud analyst Gilit Saporta, who helps us to identify and break down the characteristics and personas within the diverse and ever-growing group of cybercriminals. Gilit Saporta , Fraud Analyst, Forter. Putting Teen Fraudsters To Bed.

Fraud 100

Fraud social media Cards Groups 100

Qudos Bank

FEBRUARY 15, 2024

Phishing scams are usually enacted through email, social media or via SMS, and involve scammers using messages with malicious links designed to steal your usernames, passwords and other sensitive information. Online marketplace scams Buying things online is a great way to find a bargain, but it is also a scammer’s playground.

cryptocurrency 52

cryptocurrency social media Online Security 52

PYMNTS

JULY 27, 2017

Once bank accounts or credit cards are hacked, either online or at big box stores, trust in the payment processing system can dwindle — and that trust can become difficult to build back up. When it comes to making purchases online, there are so many options available.

Bitcoin 124

Bitcoin Security cryptocurrency social media 124

FICO

OCTOBER 21, 2020

A Cox Automotive report released in May 2020 shows how the pandemic is changing the car business, and found that two in three people surveyed are now more likely to purchase a vehicle completely online. I recently spoke with Rich Zellner, president of Automotive Resource Group, Inc. How does that affect the auto dealership business?

social media 52

social media Online Groups Customer Experience 52

PYMNTS

MARCH 20, 2020

It takes effort to balance seamless-but-fraud-free user experiences. Coronavirus worries , misallocation of resources, lengthy queues, and hoarding of a product that, in the end, takes a long time to work down translates into a negative ripple effect. Stopping Fraudsters From Taking The Travel Industry For An $11B Ride.

Technology 181

Technology Apple New York City social media 181

PYMNTS

APRIL 24, 2018

With the advent of technology and the prevalence of online shopping, the term eCommerce fraud has become more general and more vague. Riskified provides resources for companies that are unsure how to do this, he said. Furthermore, they can enrich this data using social media accounts. Nipping Fraud in the Bud.

How To 125

How To Fraud Data Security 125

PYMNTS

JANUARY 31, 2019

George’s company, WellCity, marketed itself as a social media network for the health and wellness marketplace run out of Brentwood, Tennessee. Partnering with a specialized third- party — in FrontFundr’s case, Trulioo — can help these players gain access to additional resources and a deeper data pool.

Tennessee 108

Tennessee social media Fraud Guidelines 108

PYMNTS

MAY 6, 2019

billion per year to fake online sales. But, the report noted, social media – with its reliance on navigation tools like hashtags – provides an easier environment for counterfeiters to hide openly. Global counterfeiting is a big business, worth about $1.2 trillion every year. Globally, the industry loses $30.3

social media 123

social media Branding Survey Report 123

FICO

OCTOBER 21, 2020

A Cox Automotive report released in May 2020 shows how the pandemic is changing the car business, and found that two in three people surveyed are now more likely to purchase a vehicle completely online. I recently spoke with Rich Zellner, president of Automotive Resource Group, Inc. How does that affect the auto dealership business?

social media 40

social media Online Groups Customer Experience 40

PYMNTS

DECEMBER 8, 2020

The holidays aren't always so cheery as the risk of fraud plagues consumers and retailers alike. With the pandemic accelerating a surge in eCommerce volumes, online fraud threats are at their peak, and everything from chargeback fraud to online product scams are dampening the holiday spirit. Corporate-Facing Fraud.

Fraud 178

Fraud Survey Philadelphia social media 178

PYMNTS

OCTOBER 9, 2017

In the area of fraud detection, for instance, it is much faster and more thorough than humans when weeding out fraud attempts from millions, even billions, of daily transactions that live employees would never have time to sort by hand, handing over only the most suspicious activities for manual review.

Training 126

Training Fraud System Software 126

PYMNTS

JULY 15, 2016

While there are solutions to help businesses identify or avoid employee fraud, one startup, Behavox , is providing employee management solutions to ensure financial services companies remain compliant. Behavox announced a Series A funding round on Wednesday (though did not elaborate on how much it raised). and Singapore. B2B eCommerce.

social media 100

social media Management Analytics Capital 100

NCR

MAY 22, 2017

Fighting fraud. For the banking sector, one of the most appealing promises big data holds is its ability to transform their fraud detection and prevention activities. More accurate fraud detection is only the tip of the iceberg, however, when it comes to improving the banking customer experience.

Big Data 85

Big Data Data social media Fraud 85

Qudos Bank

MAY 17, 2023

Phishing scams are usually enacted through email, social media or via SMS, and involve scammers using messages with malicious links designed to steal your usernames, passwords and other sensitive information. Online marketplace scams Buying things online is a great way to find a bargain, but it is also a scammer’s playground.

cryptocurrency 40

cryptocurrency social media Online Security 40

PYMNTS

NOVEMBER 17, 2020

That sets the stage for fraudsters to follow the money as consumers transact online — and steal a large chunk of that money. Panelists included Schalk Nolte , CEO of Entersekt ; Jen Martin , head of Fraud Operations at KeyBank ; and Karen Boyer, Fraud Intelligence Director, Financial Crimes at People’s United Bank.

Fraud 195

Fraud Mobile social media Security 195

Social Assurance

JULY 20, 2017

Then it hit me, I just placed an extreme amount of personal trust on strangers that I selected based on their online profiles. This is why Millennials and Gen X-ers like me are some of the highest people at risk for financial theft and fraud. Our phones and those online reviews can give us a false sense of security.

Millennials 21

Millennials Compliance social media Security 21

Social Assurance

OCTOBER 9, 2020

It has only grown more important with the shift toward online banking during the COVID-19 pandemic. Providing free educational resources to your customers helps them to avoid common mistakes and increase their loyalty to you. Here’s a list of potential topics to create social media posts around: Scam and Fraud Identification.

social media 15

social media Resources Security Branding 15

PYMNTS

JULY 14, 2017

Nuance, a major voice and language tool provider, just got its sites and doctor dictation service eScription back online last Sunday. 1 risk for companies, which is absorbing greater resources and management time,” Huggins said. Some of the world’s biggest companies are calculating revenue hits as high as nine figures.

Operations 118

Operations Study social media Security 118

Cisco

MAY 29, 2019

Features such as end-to-end online account opening and simple, secure ID verification tell customers “we see you, and we value your time.” Customer satisfaction scores also decline in online assisted customer service (online chat, email or social media channels). Ultimately, customers want to be known and valued.

Customer Experience 72

Customer Experience Retail San Diego Study 72

Cisco

MAY 29, 2019

Features such as end-to-end online account opening and simple, secure ID verification tell customers “we see you, and we value your time.” Customer satisfaction scores also decline in online assisted customer service (online chat, email or social media channels). Ultimately, customers want to be known and valued.

Customer Experience 48

Customer Experience Retail San Diego Study 48