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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:

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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

SEON and Lucinity partner to boost AML compliance and fraud management

News | Digital Identity, Security & Online Fraud | 23 Jun 2022

Developer of AI-driven AML software company Lucinity has partnered with fraud management firm SEON to include real-time fraud prevention capabilities in its AML compliance software.

partnership, AML, fraud management, fraud detection, online fraud, identity fraud, credit card fraud, artificial intelligence, transaction fraud

Entersekt partners with Capitec Bank to reduce friction for ecommerce transactions

News | Cards | 10 May 2022

South Africa-based fintech provider of mobile authentication and app security software Entersekt has announced a strategic partnership with Capitec Bank to implement 3-D Secure solution.

3-D Secure, credit card, debit card, fraud detection, online fraud, fraud prevention, credit card fraud, identity fraud

Marqeta launches RiskControl to fight payment card fraud

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

US-based card issuer and payment processor company Marqeta has announced an end-to-end risk management solution, RiskControl, to combat payment card fraud.

risk management, fraud management, fraud detection, fraud prevention, credit card, KYC, eKYC, 3-D Secure, payment fraud, credit card fraud

Mobile devices: Shopping's new remote control

Voice of the Industry | Mobile Payments | 21 Apr 2022

Consumers are making increasing use of their mobile devices to shop and pay, and become increasingly satisfied with their shopping experiences, according to people in five of the six countries studied for PYMNTS and Cybersource’s 2022 Global Shopping Index


mobile payments, mobile money, online shopping, report, merchants, fraud prevention, friendly fraud, credit card fraud

IBM study: differences in geographical, generational impact of financial fraud

News | Online Payments | 05 Apr 2022

US-based global tech corporation IBM has commissioned a new study that shows significant differences between geographies and generations in the frequency and impact of financial fraud.

credit card fraud, chargebacks, card scheme, fraud management, fraud detection, online fraud, ecommerce, online payments, financial crime

Paynovate taps iDenfy's ID verification solution

News | Digital Identity, Security & Online Fraud | 18 Mar 2022

Belgium-based e-money company Paynovate has partnered with iDenfy to speed up and augment the registration process for new customers.

iDenfy, partnership, credit card fraud, cybercrime, cybersecurity, fraud prevention

BBVA expands Aqua card model to Latin America

News | Cards | 24 Aug 2021

Spain-based bank BBVA has announced it is expanding its Aqua cards, which use a dynamic CVV, in Latin American subsidiaries.

expansion, credit card, commercial card, credit card fraud

AusPayNet releases 2020 payment card fraud data

News | Digital Identity, Security & Online Fraud | 18 Aug 2021

New data released by the payments industry self-regulatory body, Australian Payments Network (AusPayNet), has shown a slight increase in online card fraud in 2020.

fraud management, payment fraud, credit card fraud, online fraud

TietoEVRY follows Bank Norwegian to Germany and Spain

News | Payments General | 12 Jul 2021

TietoEVRY Card Issuing and Financial Crime Prevention have reached an agreement with Bank Norwegian to follow the bank on their journey to Europe by expanding into Germany and Spain.

partnership, banking, credit card fraud, SaaS

Austreme gains patent for its Card Testing Fraud Detection technology

News | Digital Identity, Security & Online Fraud | 04 Jun 2021

Hong Kong-based forensic fintech company Austreme has been granted a patent for its ecommerce card testing fraud detection system.

fraud detection, cross-border ecommerce, credit card fraud, transaction monitoring

Aite Group's report finds identity theft impacting US consumers

News | Digital Identity, Security & Online Fraud | 10 Mar 2021

Aite Group has developed a new report, dubbed U.S. Identity Theft: The Stark Reality,  which was underwritten by GIACT

Aite Group, GIACT, report, identity theft, credit card fraud

2021 prediction: non-EU credit card fraud will rise this year

Voice of the Industry | Digital Identity, Security & Online Fraud | 14 Jan 2021

With the PSD2 changes come new opportunities for fraudsters. And one tactic that Shahar Levy of Fraugster predicts will be on the rise in 2021 is the use of non-EU credit cards in the EEA

Fraugster, fraud prevention, PSD2, predictions, artificial intelligence, credit card fraud, online fraud

Inside the business of cybercrime – exclusive interview with Jonathan Lusthaus, RiskConnect speaker

Interviews | Digital Identity, Security & Online Fraud | 29 Oct 2020

Ahead of RiskConnect 2020 edition, The Paypers sat with Jonathan Lusthaus, Director of The Human Cybercriminal Project at the Extra-Legal Governance Institute, University of Oxford to discuss the ‘human’ side of profit-driven cybercrime and learn about cybercrime markets

RiskConnect, Human Cybercriminal Project, Oxford University, cybercrime, Web Shield, risk, compliance, cybercriminals, fraud, money laundering, scams, malware, banking fraud, credit card fraud