The Fraud Blog
News, research, and analysis on eCommerce payments and fraud prevention.
PayPal Completes $120 Million Acquisition of Simility
PayPal completes their fifth acquisition in the past 12 months, this time purchasing machine learning fraud prevention provider Simility…
Nov 5, 2021 · 1 min read Fraud PreventionProcessing Through Acquirers with Lower Fraud Rates Reduces the Need for SCA Under PSD2
Many merchants both within and outside of Europe are concerned with meeting Strong Consumer Authentication (SCA) requirements and how this…
Nov 5, 2021 · 2 min read Industry NewsProcessors Prepare for Increasing Merchant Chargeback Losses and Look to Increase Reserves
A FinTech lawyer reported that as many as one-fifth of his merchant clients have been contacted by their payment processors about the…
Nov 5, 2021 · 2 min read Industry NewsPutting the Use of Apple Pay and Mobile Payments in Perspective
Although the number of Apple Pay users worldwide more than doubled in 2017, this represents just 16 percent of iPhone owners that have…
Nov 5, 2021 · 2 min read Fraud PreventionReports Show Merchants Struggle to Balance Fraud Prevention and Sales Conversion
Card Not Present channel Merchants cite order rejection rates of nearly 3 percent for domestic transactions and nearly 7 percent for…
Nov 5, 2021 · 2 min read Fraud PreventionSecure Consumer Authentication (SCA) Required for Intra-European eCommerce Beginning September
To maintain compliance with the European Union’s Second Payment Services Directive (PSD2), merchants in Europe will have to perform Secure…
Nov 5, 2021 · 2 min read Data BreachState Unemployment Systems Battered With Breaches and Identity Fraud
The state of Arkansas shut down their unemployment application website which exposed the PII of nearly 30,000 applicants and Illinois faced…
Nov 5, 2021 · 2 min read Industry NewsThanksgiving, 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 Fraud PreventionThe Role of Custom Modeling in Lending, Card Issuance and Insurance
Fraudulent insurance claims are responsible for more than $80 billion in losses per year in the United States, leading to higher premiums…
Nov 5, 2021 · 3 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 Case StudiesUsing Compelling Evidence to Combat Chargebacks for Your Business
Guest Post & Case Study by: J. Carlson, Certified eCommerce Fraud Professional Chargeback disputes occur when a cardholder disputes a…
Nov 5, 2021 · 4 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