The Fraud Blog
News, research, and analysis on eCommerce payments and fraud prevention.
Best Practices for Achieving Success with Custom Modeling and Machine Learning
One of the most common reasons organizations fail to realize significant improvements in risk management after implementing custom modeling…
Nov 5, 2021 · 4 min read Industry NewsCapital One Acquires ATO Alert Company Confyrm
Capital One, one the largest card issuers in the United States, has acquired Confyrm, a technology startup focused on reducing account…
Nov 5, 2021 · 2 min read Industry NewsConsumers More Concerned with Fraud than Overspending During Holiday Season
A recent survey from CaptialOne found that 26 percent of consumers believe Cyber Monday is the riskiest day of the year to shop online…
Nov 5, 2021 · 1 min read Case StudiesCouple Serving 5 Years for $1.2 Million in Friendly Fraud
An Indiana couple made over 2,700 purchases from Amazon over the period of a few years, creating new accounts and morphing their identities…
Nov 5, 2021 · 1 min read Industry NewsCustom Modeling for Risk Management Requires Human Element, Not Just AI
While there is value in leveraging Artificial Intelligence for modeling and analytics to detect cyber threats and fraud, security…
Nov 5, 2021 · 2 min read Industry NewsCyber Monday and Black Friday Reach Record Highs Totaling More Than $14 Billion in Online Sales
Cyber Monday 2018 was the largest online shopping day recorded in the U.S. with $7.9 billion in sales volume, according to Adobe Analytics.…
Nov 5, 2021 · 1 min read Fraud PreventionCyber Weekend Fraud Declines See 30% Increase Year-Over-Year and 50% Increase Relative Rest of Year
The number of order attempts declined for suspected fraud increased by nearly 30 percent year-over-year for orders between Thanksgiving and…
Nov 5, 2021 · 1 min read Fraud PreventioneProtect your Domain to Protect Your Consumers and Brand
There’s a good reason why web administrator credentials sell for over $3,000 on fraudsters forums: because they are highly valuable to…
Nov 5, 2021 · 3 min read Merger & AcquisitionsEquifax Acquires SMB Credit Rating Firm PayNet
Founded in 2000, PayNet provides a range of services and data products for leasing and commercial lending companies to make better credit…
Nov 5, 2021 · 1 min read Data BreachFacebook Data Breach Affecting 30 Million Users Makes Victims More Susceptible to Account Takeover
While nearly 30 million Facebook users had their names and basic contact information stolen, about 14 million of these data breach victims…
Nov 5, 2021 · 2 min read Industry NewsFederal Reserve to Launch Real-Time Payments System called FedNow by 2024
The U.S. Central Bank will embark on its biggest investment in payments since becoming an ACH operator more than forty years ago. FedNow…
Nov 5, 2021 · 2 min read PaymentsFitbit Pay Joins an Already Crowded Mobile Payments Arena
Fitbit recently unveiled their first smartwatch, called Fitbit Ionic, which will support NFC contactless payments with their mobile wallet…
Nov 5, 2021 · 2 min read