What Does Machine Learning Mean for Fraud Prevention?
Everyone in fraud prevention must have heard the term machine learning bandied about in discussions about the changing nature of their work. However, the recent
Category : Payments Fraud
All content related to payments fraud, including card-not-present (CNP), account takeover (ATO) and more.
Knocking Out ATO in Fantasy Sports
Rick Skawinski, Jr. is a data analyst specializing in fraud tools at FanDuel.com, a one-day fantasy sports game website with millions of registered users that
SecuredTouch raises $8M in April
Behavioral biometrics startup SecuredTouch raised $8 million in April, in what was otherwise a dry month for fraud prevention startups. This brings SecuredTouch’s total investment to
Nearly $100M in New Fraud Funding End of March
The second half of March was an eventful month for startup funding in the fraud prevention space. Sift Science raised $53 million in a Series
Merchant Fraud Losses Rise 7% in 2017
Merchants’ total fraud losses rose 7% year on year in 2017 to 4.09% of total orders received, according to the Ecommerce Fraud Index figures released
Zensed: A Fraud Solution Shaped Like Jell-O
Zensed is an anti-fraud company based in Europe with representation in Sweden, U.K. & the U.S. Its founders operate high risk payment gateways around the
American Express Invests in 2 Israeli Anti-Fraud Startups
American Express Ventures announced strategic investments in two U.S.-Israeli anti-fraud startups this week. BioCatch, a behavioral biometrics startup, closed a $30 million round of growth
3 Machine Learning Solutions Launch for Finance, Auto Loans & Groceries
Three separate machine learning fraud solutions targeting credit card issuers, auto loans and online groceries were released last week by Fiserv, PointPredictive and Ocado Technology, respectively.
You Study Fraudsters But Fraudsters Study You
I recently came across an interesting post on one of the many underground criminal websites I monitor daily. It is advice intended for fraud managers
Signifyd, ACI Worldwide launch partner solutions for Magento, airlines
Fraud prevention vendor Signifyd announced this week a strategic partnership with Corra, a digital agency serving primarily fashion, beauty and lifestyle brands retailers on the