Spike in brand abuse attacks, 3-D Secure transaction volume rising
Outseer has published its latest quarterly Fraud & Payments report, confirming a troubling and massive spike in worldwide brand abuse attacks. The Q4 installment of the …
online payment
How Buy Now, Pay Later is being targeted by fraudsters
Consumers are increasingly utilising Buy Now Pay Later (BNPL) payment options to make online purchases. Indeed, several e-commerce companies reported huge uptakes in sales, …
Preventing document fraud in a world built on digital trust
All digital markets are built on trust and that trust has been reduced to an algorithm driven by proof of identity, which currently remains heavily reliant on formal documents …
Could passwordless be the solution to poor shopping sign-up processes?
Retailers could be shutting down huge revenue streams due to poor shopping sign-up processes, a study from Beyond Identity has revealed. A survey of more than 1,000 people in …
How healthcare providers handle safeguards to protect payment and PII
Semafone released a survey which aimed to identify the underlying consumer sentiment on payment experiences with their healthcare providers. Over the last 20+ months, the …
Seller-related fraud threatens long-term customer retention
Socure unveiled its survey, providing a stark warning for e-commerce platforms and marketplaces that consumers have zero tolerance for seller-related identity fraud and won’t …
Secure transactions top retailers’ wish lists this holiday season
We are amid the busiest retail season of the year, with U.S. retail sales expected to grow 10.5% to a record $859 billion this holiday season compared to 2020. The number of …
Fraudulent e-commerce transactions spiked between Thanksgiving and Cyber Monday
17.46% of all global e-commerce transactions between Thanksgiving and Cyber Monday were potentially fraudulent, a TransUnion report reveals. Those numbers were slightly higher …
As digital shopping surges, researchers predict 8 million daily attacks
Arkose Labs released new data on the latest fraud trends, revealing increased threats during the holidays, rising bot attacks, and a resurgence in attacks on travel companies. …
Leveraging social media background checks to balance friction and risk
With ecommerce revenues higher than ever and estimated to reach $4.89 million in 2021 (per eMarketer), cart abandonment continues to be a major pain point for the industry and …
3-D Secure transactions growth fueled by card-not-present explosion and PSD2
A massive $100 billion in transactions in 2021 alone have been protected by 3-D Secure payments authentication technology, Outseer reveals. The report also reveals continued …
Bot attack volumes growing 41% year over year, human-initiated attacks down 29%
Bot attack volumes grew 41% year over year with human-initiated attacks falling 29%, according to a report from LexisNexis Risk Solutions. The report confirms earlier trend …