With the growing threat of fraud fuelled by the digital acceleration that took place in 2020, the 2021 Future of Fraud Forecast reveals five emerging fraud threats facing businesses. The... more
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Nearly half (40%) of merchants are reporting a rise in friendly fraud over the past 12 months, but the majority are struggling to challenge Google Pay and Apple Pay chargebacks... more
The post Google Pay and Apple Pay chargebacks fraud hardest to challenge appeared first on Payments Cards & Mobile.
New benchmark data reveals a 21% increase in e-commerce transactions globally in November 2020 compared to November 2019. This was driven by strong consumer demand for household items and services,... more
The post Global e-commerce transactions increased 21% YoY – Fraud keeps track appeared first on Payments Cards & Mobile.
With COVID-19 increasingly being used as a hook to commit fraud, threatening consumers and businesses of all sizes, a recent industry discussion was held to discuss ‘the rise of financial... more
The post Cybercrime spike as pandemic creates perfect storm for fraud appeared first on Payments Cards & Mobile.
Fraud has been a problem since coins were introduced more than two thousand years ago. In today’s digital age, the problem won’t go away – indeed, it’s getting worse despite... more
The post Rule of the machines: can AI and ML really help fight fraud? appeared first on Payments Cards & Mobile.