FRAUDBLOG

Keeping a Close Eye on the SCA Regulations Influencing the Global Payments Industry

The EU has set the stage with its SCA (Strong Consumer Authentication) regulations designed to make digital payments more secure. The...

B2B Merchants Struggle to Adapt to Regulatory Change

B2B merchants are presented with many hurdles as they are forced into new regulations. B2B firms are rushing to incorporate SCA...

Equifax Acquires Kount for $650M Becoming Third Credit Bureau to Acquire a Device ID Provider

Equifax finalized a deal to purchase Kount for $650 million, following suit after TransUnion acquired iovation in 2018 and Experian...

Fraudsters Raised the bar in 2020 Increasing the Average Fraud Purchase Value to Over $700

The average order value during the Black Friday weekend was up 64 percent year-over-year, but during the entire months of October and...

eCommerce Growth Brought in by COVID-19 Brought Added Pressures to Merchant Fraud Strategies

False positives were already a pain point for merchants but exacerbated by the pandemic. It is estimated that $146 billion worth of CNP...

More than 36 percent of Consumers Admit to Friendly Fraud

More than 36 percent of consumers admitted to falsely claiming a transaction was unauthorized or fraudulent while 31 percent falsely...

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