The Fraud Blog
News, research, and analysis on eCommerce payments and fraud prevention.
The Fed and FinCEN Propose to Lower Reporting Threshold on International Transfers to $250
The Financial Crimes Enforcement Network (FinCEN), along with the Board of Governors of the Federal Reserve, recently proposed new rules…
Sep 29, 2021 · 2 min read Fraud PreventionWho Will be Displaced by Amazon’s New Fraud Detection Service?
Fraud solution providers need to be prepared to competitively position and message against the new Amazon Fraud Detector risk modeling…
Sep 29, 2021 · 5 min read Data BreachEU Organizations Fined $211 Million Related to Data Breaches Under GDPR
A recent report analyzes the $211 Million in data breach fines imposed on European Union organizations by the General Data Protection…
Sep 28, 2021 · 1 min read ChargebacksMobile Wallets Responsible for The Rise in Friendly Fraud
Merchants are less likely to dispute chargebacks on transactions originating from mobile wallets and significantly less likely to win those…
Sep 28, 2021 · 1 min read Fraud BlogNew Survey Report & White Paper: Attract, Develop and Retain Talent in Payments and Risk
This joint survey report and white paper from The Fraud Practice and Executive Search firm Greenings focuses on the talent planning needs…
Sep 28, 2021 · 1 min read fraudT-Mobile Data Breach Compromises Millions of Consumer Records, Including SSNs
T-Mobile is currently investigating the extent of a data breach before officially disclosing the number of customers impacted. This follows…
Sep 28, 2021 · 2 min read industry newsB2B Merchants Struggle to Adapt to Regulatory Change
B2B merchants are presented with many hurdles as they are forced into new regulations. B2B firms are rushing to incorporate SCA procedures…
Sep 17, 2021 · 2 min read identity fraudeCommerce Growth Brought in by COVID-19 Brought Added Pressures to Merchant Fraud Strategies
False positives were already a pain point for merchants but exacerbated by the pandemic. It is estimated that $146 billion worth of CNP…
Sep 17, 2021 · 1 min read acquisitionEquifax Acquires Kount for $650M Becoming Third Credit Bureau to Acquire a Device ID Provider
Equifax finalized a deal to purchase Kount for $650 million, following suit after TransUnion acquired iovation in 2018 and Experian…
Sep 17, 2021 · 1 min read fraudFraudsters Raised the bar in 2020 Increasing the Average Fraud Purchase Value to Over $700
The average order value during the Black Friday weekend was up 64 percent year-over-year, but during the entire months of October and…
Sep 17, 2021 · 1 min read fraudIs Model-Based Fraud Scoring right for your business:
Model-Based Fraud Scoring is a technique used by merchants to predetermine the level of risk involved with an order in a card-not-present…
Sep 17, 2021 · 3 min read fraudKeeping a Close Eye on the SCA Regulations Influencing the Global Payments Industry
The EU has set the stage with its SCA (Strong Consumer Authentication) regulations designed to make digital payments more secure. The goal…
Sep 17, 2021 · 2 min read