Industry News
Fraud Blog posts tagged “Industry News”.
Visa Updates to Chargeback Dispute Rules Regarding Compelling Evidence Take Effect in October
The world’s largest card brand announced the second phase of updates, new rights and options for merchants as it pertains to chargeback…
Nov 4, 2021 · 3 min read Industry NewsWal-Mart Makes Another Major eCommerce Move in Uphill Battle Against Amazon
Amazon has a stronghold as the largest eCommerce merchant in the United States, comprising as much as 43 percent of all U.S. online retail…
Nov 4, 2021 · 3 min read Industry NewsWill Host Card Emulation (HCE) be the Catalyst NFC Needs?
Mobile wallets utilizing Near-Field Communication (NFC) technology for contactless point-of-sale payments have been around since 2011 but…
Nov 4, 2021 · 3 min read Industry News2013’s Largest Online Shopping Day in China is Bigger than Cyber Monday
While online retailers in the United States are happy with Cyber Monday setting the new record for the largest domestic online shopping…
Nov 3, 2021 · 2 min read Data BreachAdobe Data Breach has Far Reaching Impacts
Adobe suffered a data breach in early October compromising the account information of as many as 150 million Adobe accounts. Although the…
Nov 3, 2021 · 3 min read AnonymousAnonymous Stratfor Hacker Sentenced to 10 Years
Hacktivist Jeremy Hammond, associated with the hacker groups Anonymous and Antisec, was sentenced to 10 years in prison on November 15th…
Nov 3, 2021 · 1 min read Data BreachDetails Released About the Largest Hacking and Data Breach Case Ever Prosecuted in the United States
A recently unsealed indictment from the U.S. Attorney’s offices details the charges of four Russian fraudsters and one Ukrainian about…
Nov 3, 2021 · 2 min read Industry NewseCommerce Sales Reach New Heights to Start this Holiday Shopping Season
According to data from ComScore U.S. eCommerce sales from home and work computers grew by double digit percentage gains in 2013 on…
Nov 3, 2021 · 2 min read Data BreachFBI Memo Warns of Hacktivist Attacks Against Several Government Agencies
An FBI memo seen by Reuters makes reference to Anonymous attacks and compromised data from multiple government agencies including the…
Nov 3, 2021 · 1 min read Industry NewsFICO Data Shows Fraud Against U.S. Issued Credit Cards Continues to Increase, Led by CNP Fraud
A recent report from FICO found that the incidence rate of credit card fraud on U.S. issued cards increased by 17 percent over a nearly…
Nov 3, 2021 · 2 min read Industry NewsFrance, Russia and UK Lead Increase of Card Fraud in Europe
According to data from FICO and Euromonitor International, card fraud losses increased 6 percent in 2012 from 2011 while 80 percent of this…
Nov 3, 2021 · 2 min read Fraud PreventionFraud Patterns and Statistics from this Black Friday and Cyber Monday
While eCommerce and mobile payment volumes hit record levels on Black Friday and Cyber Monday, the fraudsters were seizing the opportunity…
Nov 3, 2021 · 2 min read