online payment
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 …
Turning the tide on surging account takeovers in the media industry
Account takeovers (ATOs) are on the rise, fueled by the widespread use of automated bots. The media industry, which includes social networks, content streaming, gambling, …
Online brands prioritizing speed over security
Consumers around the world fear that businesses are now compromising online security in their efforts to deliver seamless digital experiences. According to a research released …
Do consumers now feel more exposed than ever to the risk of fraud?
As the pandemic drove consumers online en masse to make purchases, consumer anxiety around fraud saw a considerable spike, according to a survey by Marqeta. The company …
eCommerce fraud losses to surpass $20 billion this year
The value of losses due to eCommerce fraud will rise this year, from $17.5 billion in 2020 to over $20 billion by 2021; a growth of 18% over a single year, according to a …
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