Posts tagged fraud RSS

Evolving Security and Fraud Management

American Express has announced the acquisition of InAuth in an effort to enhance its fraud-prevention and security capabilities. The announcement follows last week's news that Visa had acquired Cardinal Commerce. As you might imagine...

Fighting False Positives & Eliminating Suspected Fraud

As online sales increase, fraud remains a serious threat, but “false positives” — transactions wrongly declined due to suspected fraud — could be an even bigger problem for online retailers and it's causing...

Prevention Costs Rise as Online Fraud Rises

Online credit card fraud is costing online merchants upwards of 7.5 percent of their annual revenue according to a survey released last week from Javelin Strategy and Research, a consulting firm which specializes in the payments industry...

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Women Commit More E-Commerce Fraud than Men

Men and women may be equal when it comes to what they spend online, but it appears that women are committing more e-commerce fraud (specifically chargeback fraud) than men. According to Chargebacks911, women are responsible for 76...

Fraud Severity and Prevention Strategies [A Q&A]

As the busiest time of the year for Internet retailers quickly approaches, the issue of fraud (and how it can be prevented) take center stage. To keep our community of Web professionals in the know, Website Magazine reach out to ask...

E-Commerce Fraud Fighters Gain Biometric Powers

The fight against fraud is about to take a completely new and different approach. SUBSCRIBE to Website Magazine & Accelerate 'Net Success Fraud-protection service ClearSale announced the release of its new proprietary Mapper...

Fraud Rising Dramatically

Both chargebacks and "friendly fraud" are rising at dramatic rates. According to the 2016 LexisNexis True Cost of Fraud Study, the average number of monthly fraud attempts has increased 33 percent in the past year alone,...

E-Commerce Fraud Worsens

Attacks by fraudsters was up an incredible 163 percent in 2015 according to the newly released Global Fraud Attack Index - a collaboration between PYMNTS.com and Forter. The quarterly index benchmarks the rate of fraud attempts on...

Where is Fraud the Worst?

You might want to keep a close eye on orders you receive from Alaska and Delaware this holiday season. Machine-learning fraud detection provider Sift Science released a new report, titled "The United States of Fraud," which...

Security and Better Search Come to CoreCommerce

E-commerce software provider CoreCommerce has unveiled new enhancements for its platform, which include more flexible search capabilities, updated Stripe integration and more weapons to fight against fraud. With the enhancements, merchants...

Reducing International E-Commerce Fraud

Global payment gateway company BlueSnap has partnered with fraud detection and sales boosting technology provider Kount to enhance its suite of fraud prevention services. The partnership aims to combat international e-commerce fraud...

E-Commerce Fraud: The Worst States to Live

With millions of shoppers' data stolen at top retailers and healthcare companies over the past couple years, online fraud is something every shopper is concerned about. This means retailers have to be too. E-commerce fraud prevention...

Highest Percentage of Fraud Occurs with the Highest-Priced Goods

Online payments provider 2Checkout just released their first quarterly Fraud Index and the report doesn't paint a very rosy digital picture. 2Checkout found that the highest percentage of fraud occurs with the highest-priced goods...

Pinpoint Fraudulent Transactions with Adyen

A new tool from Internet and mobile payment solutions provider Adyen allows online retailers to more accurately pinpoint fraudulent transactions within their online payment infrastructure. Adyen ’s Risk Analytics tool not only...

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