The Fraud Blog
News, research, and analysis on eCommerce payments and fraud prevention.
Keeping Up with the New Normal in eCommerce, Fraud and Payments
A common theme throughout 2020 has been the acceleration of digital adoption across both businesses and consumers. We take a look at the…
Nov 5, 2021 · 2 min read Industry NewsKlarna Becomes Largest Private FinTech Company in Europe Following $460 Million Funding Round
Klarna, a payment company offering micro credit for online transactions like PayPal Credit, serves consumers and merchants in Europe and…
Nov 5, 2021 · 1 min read Merger & AcquisitionsLexisNexis Makes Two Major Risk & Identity Acquisitions in First Two Months of 2020
LexisNexis prepares to fund two acquisitions totaling $855 million as parent company RELX looks to buy two major names in the identity…
Nov 5, 2021 · 2 min read Fraud PreventionMany Merchants Fail to Protect Against or Notify Users About Account Takeover
According to a recent survey, more than one-third of merchants have seen at least 10 percent of their user accounts taken over in the past…
Nov 5, 2021 · 3 min read Data BreachMany Not Ready for GDPR Requirements Including 72 Hour Breach Notification
The European Union’s General Data Protection Regulation (GDPR) goes into effect May 25th and will apply to any collecting and storing…
Nov 5, 2021 · 2 min read Data BreachMassive Wawa Data Breach Puts Unknown Number of Cards in Hands of Fraudsters
Wawa announced a large-scale malware compromise breaching payment cards processed at the pump or inside between March 4 and December 12,…
Nov 5, 2021 · 1 min read Merger & AcquisitionsMasterCard Acquires Ethoca, Post-Transaction Provider Pioneer
MasterCard announced on March 12 their acquisition of Ethoca, pioneer of the chargeback or issuer alert service. The acquisition is…
Nov 5, 2021 · 1 min read PaymentsMeasuring False Positives is Not an Exact Science
Using Multiple Metrics can Provide a Better Understanding When a legitimate customer has their order declined because of fraud concerns…
Nov 5, 2021 · 4 min read Fraud PreventionMethods Fraudsters Use to Beat Two-Factor Authentication
While it is commonly accepted that passwords and the consumers who set them are inherently insecure, organizations put a lot of trust…
Nov 5, 2021 · 2 min read Data BreachMore than 1-in-10 Ransomware Attacks Involve Threat of Releasing Consumer or Client Data
Turning ransomware attacks into data breaches if the ransom isn’t paid, what’s being called exfiltration+encryption attacks, can be…
Nov 5, 2021 · 1 min read Industry NewsMore than 40 States Have Enacted Economic Nexus Legislation to Collect Online Sales Tax
Forty-two states plus the District of Columbia have laws in place, already in effect or scheduled to take effect soon, that increase the…
Nov 5, 2021 · 2 min read Industry NewsMore Use Starbucks App for Mobile Payment than Who Use Apple Pay in US
Although Apple Pay is the most popular cross-merchant mobile wallet with more users than Google Pay and Samsung Pay combined, the Starbucks…
Nov 5, 2021 · 1 min read