Industry News
Fraud Blog posts tagged “Industry News”.
Fraudsters Target Starbucks Reloadable Cards Used in Mobile App with Account Takeover
Starbucks has had one of the most successful mobile payments strategies to date with more than one in six transactions being conducted via…
Nov 4, 2021 · 2 min read Fraud PreventionFTC Focuses on Synthetic Identities as New Account Fraud Continues to Rise
According to recent data and studies, identity fraud and new account fraud continue to plague both banks and consumers, with 80 percent of…
Nov 4, 2021 · 2 min read Industry NewsGet Ready for Facebook’s Foray into Payments
Facebook announced new features to their Messenger service in March allowing users to make P2P payments, but didn’t stop there. They have…
Nov 4, 2021 · 3 min read Industry NewsGlobal Spending to Increase on Fraud Detection, Cybersecurity and Big Data Analytics
Multiple studies and sources are coming to the same conclusion: organizations will be spending more on risk management and data analytics…
Nov 4, 2021 · 2 min read Industry NewsGoogle Wallet Partners with and Acquires Softcard’s Technology
While there had been rumors that Google was in talks with Softcard to acquire the mobile network’s joint venture, the two organizations…
Nov 4, 2021 · 3 min read Industry NewsGrowing Mobile Traffic Underscores Importance of Mobile Friendly Sites and Apps
According to data from comScore, 13 percent of U.S. Internet users that visited retailers online did so only using mobile devices,…
Nov 4, 2021 · 4 min read Data BreachHeartbleed may have ripple effects on websites and authentication
All organizations need to be thinking about the future of user authentication and the heavy reliance on passwords which may be on the brink…
Nov 4, 2021 · 3 min read Industry NewsHoliday Shoppers More Likely to Use Cash and Avoid Retailers Who Suffered Breaches
The Target data breach was the story of the 2013 holiday season and several other major retailers have failed to prevent the compromise of…
Nov 4, 2021 · 3 min read Fraud PreventionIdentity Document Verification as a Lowest Common Denominator Risk Management Technique
Sarasota, FL, November 20, 2014 / By: David Montague, The Fraud Practice LLC Identity document verification has evolved as a risk…
Nov 4, 2021 · 5 min read Industry NewsIn 2015 Achieving PCI Compliance Means Meeting the Version 3.0 Standards
The first big change for payments in 2015 took effect on January 1st when the deadline to meet PCI Data Security Standards (DSS) version…
Nov 4, 2021 · 2 min read Industry NewsIn-Store Mobile Payments Forecasted to Reach $54 Billion by 2019
Javelin estimates that the mobile payment volume for in-store purchases in the U.S. will grow more than tenfold, from $4 billion in 2014 to…
Nov 4, 2021 · 3 min read Industry NewsIs this Finally the Year Mobile Wallets Takeoff?
There has been a great deal of speculation and high expectations for the growth of contactless mobile payments since the launch of Google…
Nov 4, 2021 · 3 min read