top of page
FRAUDBLOG
Search


Winners and Losers in the Largest US Online Holiday Shopping Season Yet
Mobile and eCommerce shopping hit new highs this holiday season as Cyber Monday yet again beat its own record as the largest online...

Fraud Practice
Nov 5, 20212 min read


Federal Reserve to Launch Real-Time Payments System called FedNow by 2024
The U.S. Central Bank will embark on its biggest investment in payments since becoming an ACH operator more than forty years ago. FedNow...

Fraud Practice
Nov 5, 20212 min read


Klarna 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...

Fraud Practice
Nov 5, 20211 min read


Nearly Four Thousand Data Breaches, Four Billion Records Compromised in First Half of 2019
More than 3,800 data breaches occurred in the first half of this year, a 54 percent increase from the first half of 2018. The number of...

Fraud Practice
Nov 5, 20211 min read


JP Morgan to Discontinue Chase Pay for Mobile Contactless Payments
Unable to catch up to Apple, Samsung or Google Play, Chase Pay was used by less than 10 percent of Chase cardholders in the last 90 days,...

Fraud Practice
Nov 5, 20211 min read


More 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...

Fraud Practice
Nov 5, 20212 min read


Secure Consumer Authentication (SCA) Required for Intra-European eCommerce Beginning September
To maintain compliance with the European Union’s Second Payment Services Directive (PSD2), merchants in Europe will have to perform...

Fraud Practice
Nov 5, 20212 min read


Mortgage Application Fraud Increases in First Quarter of 2019
as Fraudsters Become More Sophisticated in How They Fudge Their Income The National Mortgage Application Fraud Risk Index maintained by...

Fraud Practice
Nov 5, 20212 min read


Application Fraud Cost US Financial Institutions over $2.2 Billion in 2018
Issuing banks and financial institutions lost over $1.6 billion from stolen or synthetic identities used in credit card applications plus...

Fraud Practice
Nov 5, 20212 min read


One-in-Five Phishing Emails are Sent from Compromised Email Accounts
Fraudsters find more success with getting phishing campaigns delivered as well as with open and click rates when sending from an...

Fraud Practice
Nov 5, 20211 min read


Google Encourages Increased Consumer Security with Free Phishing Quiz
In partnership with another Alphabet group company, Google recently released a way for consumers to test their skills in detecting...

Fraud Practice
Nov 5, 20211 min read


Cyber Monday and Black Friday Reach Record Highs Totaling More Than $14 Billion in Online Sales
Cyber Monday 2018 was the largest online shopping day recorded in the U.S. with $7.9 billion in sales volume, according to Adobe...

Fraud Practice
Nov 5, 20211 min read


Consumers More Concerned with Fraud than Overspending During Holiday Season
A recent survey from CaptialOne found that 26 percent of consumers believe Cyber Monday is the riskiest day of the year to shop online...

Fraud Practice
Nov 5, 20211 min read


Alibaba’s Singles Day Sales Exceed US Online Sales from Thanksgiving Through Cyber Monday
Alibaba, China’s largest online company, reported gross merchandise value (GMV) of $30.8 billing on Singles Day or 11/11. This metric,...

Fraud Practice
Nov 5, 20211 min read


Nearly 90 Percent of U.S. eCommerce Sales are Domestic, Here are Several Reasons Why
A recent study from PPRO and Edgar, Dunn & Co. found that while about 40 percent of online sales in European countries are made to...

Fraud Practice
Nov 5, 20213 min read


Amazon Increased Conversion Additional 36% After Fixing Early Issues on Prime Day
According to marketing analytics data from Jumpshot, when Amazon’s Prime Day kicked-off on Monday July 16 their daily sales conversion...

Fraud Practice
Nov 5, 20212 min read


PayPal Completes $120 Million Acquisition of Simility
PayPal completes their fifth acquisition in the past 12 months, this time purchasing machine learning fraud prevention provider Simility...

Fraud Practice
Nov 5, 20211 min read


More 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...

Fraud Practice
Nov 5, 20211 min read


Hyundai Follows Ford and Chevy with Partnerships to Develop In-Car Mobile Payments
Hyundai recently announced they are developing a mobile wallet while also partnering with a restaurant and two major gas stations for...

Fraud Practice
Nov 5, 20212 min read


Many 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...

Fraud Practice
Nov 5, 20212 min read
bottom of page
