Best Practices for Achieving Success with Custom Modeling and Machine Learning
One of the most common reasons organizations fail to realize significant improvements in risk management after implementing custom...
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Fraud Practice
- Nov 5, 2021
- 2 min
Processing Through Acquirers with Lower Fraud Rates Reduces the Need for SCA Under PSD2
Many merchants both within and outside of Europe are concerned with meeting Strong Consumer Authentication (SCA) requirements and how...
Fraud Practice
- Nov 5, 2021
- 1 min
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, 2021
- 1 min
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, 2021
- 1 min
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, 2021
- 1 min
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, 2021
- 4 min
Measuring False Positives is Not an Exact Science
Using Multiple Metrics can Provide a Better Understanding When a legitimate customer has their order declined because of fraud concerns...
Fraud Practice
- Nov 5, 2021
- 3 min
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, 2021
- 2 min
Reports Show Merchants Struggle to Balance Fraud Prevention and Sales Conversion
Card Not Present channel Merchants cite order rejection rates of nearly 3 percent for domestic transactions and nearly 7 percent for...
Fraud Practice
- Nov 5, 2021
- 2 min
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, 2021
- 2 min
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, 2021
- 2 min
Thanksgiving, Black Friday and Cyber Monday all Set New Record Highs
Desktop and mobile eCommerce sales reached a combined $14.5 billion across Thanksgiving, Black Friday and Cyber Monday, while CNP channel...
Fraud Practice
- Nov 5, 2021
- 3 min
Apple to Offer Text P2P Transfer and Stored Balance Account with Apple Pay Cash Card
The new Apple iPhone and operating system are set to launch in September and include new features likely to grow adoption of Apple Pay...
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
- 2 min
Amazon Debuts Cash-based Alternative Payment Method
Amazon Cash is the latest payment method and feature supported by Amazon and was designed for the under- and unbanked. Consumers can...
Fraud Practice
- Nov 4, 2021
- 3 min
Black Friday Sets New U.S. Total Online Sales Record, Surpassed by Cyber Monday Days Later
Consumers continue to shop more online and from their mobile devices on Thanksgiving, Black Friday and Cyber Monday with another...
Fraud Practice
- Nov 4, 2021
- 2 min
Card Issuer False Positives Represent $118 Billion in Lost Processing Volume
According to a recent study by Javelin Strategy & Research, issuers left $118 billion on the table last year by wrongly declining payment...
Fraud Practice
- Nov 4, 2021
- 8 min
Critical Capabilities that can Enable Custom Modeling Solutions to Improve Business Intelligence
Sarasota, FL, June 10, 2015 / By: Justin McDonald, The Fraud Practice LLC Big Data and Business Intelligence have become two common...
Fraud Practice
- Nov 4, 2021
- 3 min
Facebooks Leads the Way, But Many Social Media Platforms DriveTraffic and Sales
The top 500 online retailers in terms of site traffic from social media earned $3.3 billion in revenue from social shopping in 2014 while...
Fraud Practice
- Nov 4, 2021
- 4 min
Growing Mobile Traffic Underscores Importance of Mobile Friendly Sites and Apps
According to data from comScore, 13 percent of U.S. Internet users that visited retailers online did so only using mobile devices,...