Account Takeover and Alternative Payments: Understanding the Impact of the Fraud Economy
May 24, 2022 | By: Justin McDonald, Sr. Risk Management Consultant, The Fraud Practice Does your organization have a 360° view on the...
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Justin McDonald
- May 24
- 1 min
Digital Wallet Transactions to Reach $7.5 Trillion in 2022, Fraudsters Likely to Follow the Money
A recent study from Juniper Research forecasts substantial growth in payments made from digital wallets with increasing acceptance at...
Fraud Practice
- Nov 5, 2021
- 2 min
Fitbit 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...
Fraud Practice
- Nov 4, 2021
- 3 min
Samsung Pay and CurrentC Grow Their Reach with New Partnerships
One of the more difficult and most important aspects of building a successful mobile wallet is ensuring that consumers can use it with...
Fraud Practice
- Nov 4, 2021
- 3 min
The Fraud Practice and CardinalCommerce Release Results from the 2nd Consumer Authentication Survey
Sarasota, FL, March 18, 2015 / The Fraud Practice LLC The Use of Consumer Authentication in eCommerce white paper from The Fraud Practice...
Fraud Practice
- Nov 4, 2021
- 4 min
The FIDO (Fast Identity Online) Alliance released their first documents for stronger authentication
Following Apple’s lead Samsung and Google each announced mobile payment services of their own with a similar naming structure. The...
Fraud Practice
- Nov 2, 2021
- 2 min
FDIC Warns There are no Safe Harbors for Mobile Payments
In a recent article from the FDIC’s Supervisory Insights publication mobile payments are discussed in terms of understanding and managing...
David Montague
- Nov 2, 2021
- 2 min
Isis, PayPal, Visa Continue to Test and Develop Mobile Payment Methods
More mobile payment methods and wallets are testing and preparing for commercial launch with mobile joint venture Isis starting trials in...
David Montague
- Nov 2, 2021
- 2 min
Apple Acquires Mobile and Network Security Firm AuthenTec
On July 27 Apple acquired AuthenTec, who provides encryption technology, fingerprint sensors and identity management software, for $356...
David Montague
- Nov 2, 2021
- 2 min
Mobile Wallet Providers, Carriers, Issuers and Card Associations Form Mobile Payments Committee
The four major wireless carriers in the U.S. along with financial institutions, card associations and mobile wallet providers have formed...
David Montague
- Nov 1, 2021
- 2 min
Google Wallet Faces Security Concerns
A web security firm recently uncovered and made public the fact that they were able to gain access to the Google Wallet application by...
David Montague
- Sep 28, 2021
- 1 min
Mobile Wallets Responsible for The Rise in Friendly Fraud
Merchants are less likely to dispute chargebacks on transactions originating from mobile wallets and significantly less likely to win...
David Montague
- Sep 17, 2021
- 2 min
The Cost of Friction Versus Security with New SCA Mandates
In Europe, digital retail payments were to become more secure and less susceptible to fraud with the introduction of SCA. Yet a new...