Industry News
Fraud Blog posts tagged “Industry News”.
Thanksgiving, Black Friday and Cyber Monday all Set New Record Highs
Desktop and mobile eCommerce sales reached a combined $14.5 billion across Thanksgiving, Black Friday and Cyber Monday, while CNP channel…
Nov 5, 2021 · 2 min read Data BreachUber Sat on Data Breach Affecting 57 Million Users for Over 1 Year
Uber, one of the latest companies to suffer a data breach, is suffering backlash not just for the 57 million user accounts compromised…
Nov 5, 2021 · 2 min read Fraud PreventionVisa Canada Requires CVV on All eCommerce Transactions While Providing Merchants New Liability Shift
Visa Canada published a document titled The Future of Payment Security in Canada, detailing several new requirements related to ensuring…
Nov 5, 2021 · 2 min read Industry NewsVisa to Increase Interchange Fees for CNP Transactions this April
After leaving interchange rates mostly unchanged for the past decade, Visa sent a letter to partner banks outlining the coming changes to…
Nov 5, 2021 · 3 min read Industry NewsWinners and Losers in the Largest US Online Holiday Shopping Season Yet
Mobile and eCommerce shopping hit new highs this holiday season as Cyber Monday yet again beat its own record as the largest online…
Nov 5, 2021 · 2 min read Fraud Prevention250 million stolen credit cards for sale online
According to estimates from fraud prevention startup Trustev, there are 250 million compromised payment card numbers for sale in the online…
Nov 4, 2021 · 2 min read Industry NewsACI Worldwide Announces Acquisition of Retail Decisions, ReD
ACI Worldwide announced their acquisition of an industry veteran fraud solution provider Retail Decisions (ReD) for $205 million in cash in…
Nov 4, 2021 · 2 min read Industry NewsAlibaba Spin Off to Acquire MoneyGram for $880 Million
Ant Financial Services Group, the Alibaba Group affiliate formerly known as Alipay, announced the acquisition of major money remittance…
Nov 4, 2021 · 1 min read Industry NewsAmazon Debuts Cash-based Alternative Payment Method
Amazon Cash is the latest payment method and feature supported by Amazon and was designed for the under- and unbanked. Consumers can…
Nov 4, 2021 · 2 min read Industry NewsAmazon’s Dash Button Brings One Click Ordering to a Little Piece of Hardware
On the last day of March Amazon launched their newest feature, the Dash Button. The tiny piece of hardware, about the size of a thumb…
Nov 4, 2021 · 2 min read Industry NewsAmerican Express Leverages Cardholder Online Login Information for Faster Online and Mobile Purchase
Following Visa Checkout and MasterPass, American Express launched their new Amex Express Checkout service in July, but doesn’t want it to…
Nov 4, 2021 · 2 min read Fraud PreventionApple devices targeted with ransomware
A fraudster calling himself Oleg Pliss is targeting Apple iPhones and iPads with an attack that prevents the user from unlocking the phone…
Nov 4, 2021 · 2 min read