PYMNTS

AUGUST 19, 2019

Chipotle was one of the first QSRs to embrace digital ordering, rolling out its first iPhone mobile order-ahead app in 2009. When you’re looking at account takeovers, for example, it’s predominantly automated bot attacks that have an identifiable signature,” Garner explained. “As

Bots

PYMNTS

OCTOBER 8, 2019

Chipotle was an early adopter of mobile order technology — first adding iPhone ordering as a feature in the 2009 edition of its app — and according to Garner that early focus on multichannel delivery helped Chipotle recover from a 36 percent sales decline brought on by concerns about food safety.

Bots

PYMNTS

JANUARY 30, 2018

In an illustration, Taussig said that someone involved in an account takeover may be on a device that clearly is recognized as belonging to a fraudster. As that financial service segment has grown, Taussig related that upon launching the company in April of 2009, ThreatMetrix was focused on eCommerce and device IDs. ” .

Non-Bank

PYMNTS

NOVEMBER 16, 2018

“These systems have proven to be largely ineffective at actually curtailing money laundering and, as a result, regulators in the United States and the European Union have issued more than $340 billion in fines for non-AML compliance since 2009.”. When it comes to AI (true AI), the early uses are emerging. The report found that 81.8

AI

Nanonets

MAY 31, 2023

Account Takeover: Criminals gain unauthorized access to customer accounts, allowing them to make fraudulent transactions or transfer funds. Satyam Computer Services , an Indian IT services company, faced a major financial shadow spend scandal in 2009. According to the Federal Trade Commission, USA, over 1.4

Fraud Detection

Fintech Labs Insights

AUGUST 22, 2024

Spycloud : Raised $169M, cybersecurity firm focusing on preventing account takeovers, broadened offerings. Fall 2009 (New York): BancVue (now Kasasa): Continued to support community banks with innovative banking products and marketing services. Prosper: Pioneered peer-to-peer lending in the U.S.,

Online and Mobile Banking

PYMNTS

AUGUST 5, 2019

Perhaps that’s why, in the midst of the seemingly never-ending stream of headlines about data breaches, account takeovers, stolen credit cards and online fraud , the notion of “check fraud” seems something of an outlier for the up-and-coming fraudster looking to make a decent living. Mobile Check Capture Circa 2009.

Checks