The Fraud Blog
News, research, and analysis on eCommerce payments and fraud prevention.
Visa Predicts Half of their Payments in Europe Will be Made via Mobile by 2020
Visa is confident in the future of mobile payments as they are planning to showcase mobile contactless payments at the 2012 Olympics in…
Nov 1, 2021 · 1 min read fraudVisa recently released their fiscal fourth quarter earnings report detailing how much was spent on V
While the Credit CARD Act of 2009 included several provisions to protect consumers from hidden fees and expiration dates with gift cards,…
Nov 1, 2021 · 1 min read fraudWill Microsoft Make a Mobile Wallet of Their Own?
A patent filed by Microsoft was recently released by the U.S. Patent and Trademark Office detailing a mobile wallet and payment service. In…
Nov 1, 2021 · 1 min read Fraud BlogWindows Phone 8, iPhone 5 Likely to Support NFC
Today only a small selection of mobile devices running the Android operating system are capable of conducting NFC mobile wallet payments,…
Nov 1, 2021 · 2 min read fraudWoman Steals Nearly $1M Repeating Rudimentary Fraud for 7 Years
A woman working for the New York State Housing Trust Fund stole $944,000 from 2004 to 2011 by altering money orders given to her employer…
Nov 1, 2021 · 1 min read fraudZappos Suffers Data Breach, Now Faces Class Action Suit
Zappos, the large online shoe retailer owned by Amazon, announced a data breach on January 15th compromising 24 million consumer records.…
Nov 1, 2021 · 2 min read fraudblogBanco Santander to Acquire Wirecards’s Technology Assets
Following a series of accounting fraud scandals that resulted in the insolvency of German processor and payments provider Wirecard AG,…
Sep 29, 2021 · 1 min read fraudBlack Friday and Cyber Monday Online Sales Set Records but Fall Short of High Expectations
Cyber Monday once again set the record for the largest online shopping day in the United States as consumers spent more than $10.8 billion…
Sep 29, 2021 · 2 min read PandemicFeatured Article: The Pandemic’s Influence on eCommerce
We were honored to contribute to this year’s Ecommerce Fraud Report from The Paypers with an article from Kevin J. Sprake, Managing…
Sep 29, 2021 · 1 min read ACHNacha Approves Amendments to Operating Rules Focused on Supporting More Technologies and Handling Un
Nacha, who enables Automated Clearing House (ACH) payments, has approved eight amendments to their Operating Rules focused on…
Sep 29, 2021 · 2 min read fraud practicePress Release: Kevin Sprake Named Managing Partner at The Fraud Practice
The Fraud Practice, a leading fraud prevention and online payments consulting firm, welcomes 25-year industry veteran Kevin Sprake as the…
Sep 29, 2021 · 2 min read Fraud BlogRefinitiv Acquires GIACT to Build Holistic Fraud, Identity, AML and Cybercrime Solution
Bank account authentication, funds confirmation and KYC provider GIACT will be acquired by Refinitiv, a financial technology and data…
Sep 29, 2021 · 2 min read