Fraud RSS

Card Fraud, Cyber Crime, Cyber Security, Daily news, European Fraud, European Fraud Map, Fraud, Fraud & Security, Identity, Strong Customer Authentication -

2020 was an incredibly challenging year across the globe, with a rapidly changing mix of customer demands, a volatile staffing and servicing model, and a need to drive transformation quicker... read more

The post European Fraud Map – UK winning card fraud loss battle appeared first on Payments Cards & Mobile.

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Cyber Crime, Cyber Security, Daily news, Fraud, Fraud & Security, human-driven fraud, Risk & Compliance -

Human-driven fraud, where malicious humans engage in fraudulent activities, doubled in volume during Q1 2021 over the previous quarter. Technology platforms and Media companies were the worst affected by human-driven... read more

The post The new face of fraud is supplementing human-driven fraud appeared first on Payments Cards & Mobile.

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Cyber Security, Daily news, Fraud, Fraud & Security, Identity, payment fraud, Risk & Compliance -

As the pandemic drove consumers online en masse to make purchases, consumer anxiety around fraud saw a considerable spike. For the 2021 Fraud Report, Marqeta surveyed 2,000 consumers across the... read more

The post Payment fraud fears grow – 65% of consumers more concerned about fraud appeared first on Payments Cards & Mobile.

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Artificial Intelligence (AI), Cyber Security, Daily news, E-Commerce, e-commerce fraud, Fraud, Fraud & Security, M-Commerce, Risk & Compliance -

A new study has found that the value of losses due to e-commerce fraud will rise this year, from $17.5 billion in 2020 to over $20 billion by 2021; a... read more

The post E-commerce fraud losses to exceed $20 billion annually appeared first on Payments Cards & Mobile.

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Cyber Security, Daily news, Fraud, Fraud & Security, Risk & Compliance -

As Editors of a payments and fintech publication, we’re often told technology is the answer to most things – if not everything. It’s refreshing, then, to read a study which... read more

The post The answer to fraud may not be just more technology appeared first on Payments Cards & Mobile.

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