Credit Card Fraud News

You have clicked on Credit Card Fraud

Find here all the latest articles, news, and research on Credit Card Fraud and other Credit Card Fraud-related topics:

Find here all the latest articles, news, and research on Credit Card Fraud and other Credit Card Fraud-related topics:

read more
read less

Found 20 results in 968 milliseconds.

Advanced Fraud Solutions, Tru Treasury to fight deposit fraud

News | Online Payments | 31 May 2024

US-based Advanced Fraud Solutions (AFS) has entered a strategic partnership with Tru Treasury, a provider of treasury management solutions to introduce Positive Pay by AFS, an advanced fraud prevention platform.

 

partnership, fraud management, fraud detection, online fraud, fraud prevention, credit card fraud, payment fraud, ACH, bank transfer, transaction fraud, digital payments, financial institutions

Oscilar, Socure partner to boost ID verification for FIs

News | Digital Identity, Security & Online Fraud | 31 May 2024

US-based provider of AI-driven risk management solutions, Oscilar, and I provider for digital identity verification and fraud prevention, Socure have recently announced a strategic partnership.

partnership, digital identity, identity verification, digital verification, digital onboarding, customer experience, generative AI, artificial intelligence, machine learning, fraud management, fraud detection, online fraud, identity fraud, credit card fraud, fraud prevention, data protection, data privacy, compliance, regulation

A century of payment innovation: the journey of payment cards

Voice of the Industry | Cards | 08 May 2024

From store cards and charge plates to payment cards enabling contactless transactions, Amanda Gourbault from CompoSecure presents the evolution of payment innovation in the card realm over the last 100 years.

debit card, credit card, credit card fraud, contactless payments, payment processing, EMV

FIS collaborates with Stratyfy

News | Digital Identity, Security & Online Fraud | 19 Mar 2024

Global financial technology company FIS has announced its collaboration with Stratyfy, aiming to improve its SecurLOCK card fraud management solution. 

fraud management, fraud prevention, credit card fraud, transaction fraud, online security

CFPB lowers credit card late fees to USD 8

News | Online & Mobile Banking | 08 Mar 2024

The Consumer Financial Protection Bureau has finalised a rule that bans excessive credit card late fees, lowering typical fees from USD 32 to USD 8. 

regulation, credit card, credit card fraud, payments , online payments, ecommerce, banking

The flywheel effect of chargebacks cost US merchants USD 243B in 2023

Voice of the Industry | Online Payments | 12 Feb 2024

The cost of chargebacks has been on the rise for years. A new study published by Chargebacks911 and the Strawhacker group provides a sobering look at the scale of the problem, while Monica Eaton, CEO and Founder of Chargebacks911, dives deeper into the pressing matter of chargebacks.


chargebacks, friendly fraud, fraud management, fraud detection, fraud prevention, online fraud, credit card, credit card fraud, merchant, checkout optimisation , customer experience, first-party misuse

How to counter the evolving threat of card fraud with graph analysis

Voice of the Industry | Ecommerce | 09 Feb 2024

Marija Solovjova, Head of Fraud AML Disputes Oversight at Ecommpay, explores how graph analysis weaponises the criminals’ network against them to prevent and pre-empt online fraud.


fraud management, online fraud, fraud detection, chargebacks, merchants, ecommerce, artificial intelligence, machine learning, Account fraud, credit card fraud, ATM, account takeover, refund, refund fraud, identity fraud

The future is digital: the many uses of decentralised identity

Voice of the Industry | Digital Identity, Security & Online Fraud | 15 May 2023

Joe Malenfant, Director of Product and Solutions Marketing at Ping Identity, discusses the multiple uses of decentralised identity (DCI), and its benefits towards a safer, fraud-free society.


identity verification, digital identity, self souvereign identity, federated identity, biometric authentication, credit scoring, digital verification, fraud management, fraud detection, online fraud, fraud prevention, identity fraud, payment fraud, credit card fraud, loyalty programme, omnichannel, DCI, decentralized identity

Closed-loop versus open-loop payments in mass transit

Voice of the Industry | Mobile Payments | 04 May 2023

Closed-loop and open-loop payment systems have much to offer mass transit operators and their passengers. Ken Ritchie, Senior Director, Global Industry Solutions at Cybersource, discusses the features and benefits of both.

tokenization, authorisation rate, fraud detection, fraud management, online fraud, credit card fraud, fraud platform, fraud prevention, payment fraud, card scheme, credit card, online payments, PCI compliance, PCI DSS, EMV, travel payments, digital wallet, ecommerce

TransUnion reports global increase in digital fraud attempts

News | Digital Identity, Security & Online Fraud | 06 Apr 2023

Global information and insights company TransUnion has reported an 18% increase in digital fraud attempts in Hong Kong and 80% globally from pre-pandemic levels.

research, report, survey, online fraud, cybersecurity, cybercrime, phishing, vishing, credit card fraud, digitalisation, fintech, trust, data analytics, fraud prevention

Against all frauds: high-alert of fraud amid the US banking crisis

Voice of the Industry | Digital Identity, Security & Online Fraud | 27 Mar 2023

Uri Arad, Co-founder and VP of Product and Research  and Daniel Shkedi, Head of Product Marketing at Identiq, talk about the high global alert of fraud amid the latest US banking crisis, mentioning easy ways for businesses to protect themselves and their funds.

fraud management, fraud detection, online fraud, scam, identity fraud, credit card fraud, payment fraud, account takeover, online payments, Account fraud, CNP fraud, transaction fraud, fraud prevention

You better watch out! You better not click! – When cybercriminals want to spoil the holiday season

Voice of the Industry | Digital Identity, Security & Online Fraud | 09 Feb 2023

Scott Augenbaum, Cybercrime Prevention Speaker & Retired FBI Supervisory Special Agent, discusses the cyber dangers of the holiday season, emphasizing on Cyber Monday and Cyber Tuesday, some of the busiest times of the year for both merchants and fraudsters.

cybercrime, cybersecurity, scam, online fraud, fraud management, fraud detection, fraud prevention, identity fraud, Black Friday, credit card fraud, payment fraud, debit card, credit card

NBF launches online fraud prevention solution

News | Digital Identity, Security & Online Fraud | 05 Jan 2023

UAE-based National Bank of Fujairah (NBF) has launched an online fraud prevention solution to improve its operations’ cybersecurity and protect customers against fraud.

product launch, online fraud, fraud prevention, credit card fraud, fraud management, cash management, cybersecurity, cybercrime

Fraudsters don't take the holidays off, so here's the top attacks to watch for

Voice of the Industry | Digital Identity, Security & Online Fraud | 24 Oct 2022

As peak season approaches under a cloud of economic uncertainty, merchants will look to maximise good orders while minimising fraud. Cybersource directors, Mari-Anne Bayliss and Mark Strachan, share their top fraud attacks to watch out for, and how to balance a frictionless flow for genuine customers against keeping fraudsters at bay.

fraud management, fraud detection, online fraud, fraud prevention, account takeover, payment fraud, transaction fraud, first-party misuse, CNP fraud, credit card fraud

Sumsub new tool to estimate fraud losses for betting platforms

News | Digital Identity, Security & Online Fraud | 22 Sep 2022

All-in-one verification platform Sumsub has announced the launching of a new tool to help online betting platforms to calculate their potential fraud losses during the upcoming 2022 Football World Cup.

KYC, eKYC, AML, gambling, online platform, fraud management, fraud detection, identity verification, identity fraud, credit card fraud, online fraud

Rippleshot partners Flashpoint for fraud prevention enhancement

News | Digital Identity, Security & Online Fraud | 25 Aug 2022

US-based Rippleshot has partnered with Flashpoint to pair Rippleshot’s compromised and high-risk merchant data and insights with Flashpoint’s Payment and Credit Card Fraud Mitigation solution.

partnership, fraud prevention, credit card fraud, AML, KYC

Fraugster report: EUR 80 bln lost to online fraud in 2021

News | Digital Identity, Security & Online Fraud | 21 Jul 2022

Payment intelligence company Fraugster has announced the publication of its first Payment Intelligence Report 2022, which concluded that around EUR 80 billion were lost to online fraud across physical and digital goods and e-ticketing in 2021.

report, chargebacks, ecommerce, BNPL, fraud management, fraud detection, digital identity, identity fraud, account takeover, friendly fraud, credit card fraud, PSP

NanoPay Mexico chooses SmartVista to prevent fraudulent credit card transactions

News | Digital Identity, Security & Online Fraud | 12 Jul 2022

Global payments solution provider BPC has been chosen as a strategic partner by NanoPay Mexico to implement its SmartVista anti-fraud solution to safeguard credit card transactions.

credit card, credit scoring, credit card fraud, fraud detection, partnership, online fraud

Australia's major banks turn to dynamic CVV

News | Digital Identity, Security & Online Fraud | 12 Jul 2022

Three of the ‘Big Four’ Australian banks have turned to dynamic card verification value (CVV) functionality to combat online payment fraud and boost digital consumer protections.

banks, credit card fraud, online payments, online fraud, debit card

Flutterwave's accounts frozen in Kenya

News | Digital Identity, Security & Online Fraud | 07 Jul 2022

A Kenyan High Court has frozen 56 bank accounts belonging to Flutterwave and other businesses connected with Nigerian nationals over money laundering allegations.   

fraud management, money laundering, AML, regulation, credit card fraud