The Fraud Blog
News, research, and analysis on eCommerce payments and fraud prevention.
Discover Partners with, now Compatible with Google Wallet
Discover Financial Services recently announced their partnership with Google Wallet allowing cardholders to use their Discover cards within…
Nov 2, 2021 · 2 min read Industry NewsDMV Employee Created and Sold Fraudulent State Licenses
Former New Hampshire Department of Motor Vehicle employee Donna Rockholt was sentenced to eight to twenty-eight years in prison on bribery…
Nov 2, 2021 · 1 min read Case StudiesDNSChanger Behind $14M Affiliate Fraud Shut Down by FBI
The DNSChanger malware, which spread to more than 500,000 devices in the U.S. and 4 million worldwide, redirected the web browsers on…
Nov 2, 2021 · 2 min read Industry NewsDwolla Launches Real-Time Bank Transfers, Builds Competitive Alternative to Traditional Payment
Dwolla, an alternative cash based payment network, enables consumers to make retail payments and peer-to-peer transfers over their hybrid…
Nov 2, 2021 · 2 min read Sales ConversioneBay Trials International Shipping Service for Auction Sellers
For the past few months eBay has been testing a new service with an international logistics provider that would make it easier for auction…
Nov 2, 2021 · 1 min read Case StudiesEleven Florida Identity Tax Return Fraud Ring Members Arrested
Tax refund fraud is a growing crime that costs the federal government billions each year. Eleven members of an identity fraud ring…
Nov 2, 2021 · 2 min read fraudEU Implementing Minimum Authentication Standards for PSPs
The European Central Bank has drafted a set of recommendations to increase the security of online transactions in the European Union. The…
Nov 2, 2021 · 2 min read Fraud PreventionFBI Charges Creators and Distributor of Gozi Malware
Three sophisticated fraudsters behind the malware Gozi, which infected over one million computers including hundreds at NASA, have been…
Nov 2, 2021 · 2 min read Fraud BlogFCC Asks Major Wireless Carriers to Build Stolen Mobile Database
AT&T, Sprint Nextel, T-Mobile and Verizon have agreed to a deal with the FCC to build and maintain a database for information on stolen…
Nov 2, 2021 · 2 min read Industry NewsFDIC Warns There are no Safe Harbors for Mobile Payments
In a recent article from the FDIC’s Supervisory Insights publication mobile payments are discussed in terms of understanding and managing…
Nov 2, 2021 · 2 min read Fraud PreventionFederal Reserve Programmer Steals Software Code
A computer programmer working for the Federal Reserve Bank of New York recently pleaded guilty to theft of government property after…
Nov 2, 2021 · 1 min read Merger & AcquisitionsFICO Acquires UK Fraud Prevention Firm Adeptra
In mid-September data analytics provider FICO announced they would acquire Adeptra Ltd., a privately held company based out of the UK…
Nov 2, 2021 · 2 min read