The Fintech Times

AUGUST 17, 2024

Global data and technology company, Experian has acquired NeuroID , the behavioural analytics firm, to expand its fraud risk suite. Empowering businesses NeuroID’s behavioural analytics solutions are available through CrossCore on the Experian Ascend Technology Platform as a key fraud-detection capability.

Risk

PYMNTS

AUGUST 19, 2019

In the latest Mobile Order-Ahead Tracker , PYMNTS explores the latest developments in the world of QSR rewards programs and how credential stuffing and account takeovers are plaguing the industry. When you’re looking at account takeovers, for example, it’s predominantly automated bot attacks that have an identifiable signature.

Account Takeovers

PYMNTS

FEBRUARY 26, 2020

When you’re looking at account takeovers, for example, it’s predominantly automated bot attacks that have an identifiable signature,” Curt Garner , Chipotle’s chief technical officer, explained in an interview with PYMNTS. “As

Credential

Finovate

AUGUST 14, 2024

The technology matches incoming selfies with previously verified ID headshots, and features a true match rate of 99.9%. The technology leverages biometric analytics to evaluate more than 80 facial features, from eye distance and nose width to jawline contours and emotional expression, to create a facial map and ensure an accurate match.

Credential

PYMNTS

SEPTEMBER 17, 2020

Sharing economy businesses looking to keep their guests safe must deter data breaches that continually threaten organizations and can allow cybercriminals to steal usernames and passwords to access accounts. Other account takeover (ATO) schemes involve bots, which can conduct some 100 hits per second.

Verification

PYMNTS

SEPTEMBER 21, 2018

This year, fraud will probably bring more account takeovers than last year, according to experts — along with the theft of gift cards, loyalty points and other consumer data ID. Account Takeovers. The 2018 holiday shopping season seems likely to feature account takeover as a bigger fraud feature than in years past.

Account Takeovers

PYMNTS

OCTOBER 29, 2018

The various parts come together to produce a nefarious whole, one that targets personal and payment data to enable product or identity theft , account takeovers and other illegal activities that, left unchecked, can ruin lives and take down companies. The Biology Of Fraud.

Fraud Prevention

PYMNTS

APRIL 15, 2020

And, both Srinivasan and Awad noted, fraudsters aren’t merely proactive — they’re creative when it comes to varying their tactics and technologies to expand the scale of attacks. Older users are less familiar with banking online, so they are being increasingly targeted in account takeover attacks.

Online and Mobile Banking

PYMNTS

MAY 28, 2020

Recently, the company debuted Kount Control Account Takeover (ATO) Protection, which the company says is the only technology to provide three layers of protection against bots, credential stuffing and complex ATO attacks.

Fraud Detection

FICO

OCTOBER 30, 2017

These include card-not-present fraud, such as e-commerce; other products and payment channels such as wire fraud, real-time payments, and other products and channels that are either net-new or have less sophisticated controls; different regions; and most significantly, identity-based fraud in the forms of account takeover and application fraud.

Identity Theft

PYMNTS

JUNE 13, 2019

One of the latest involves hackers successfully accomplishing account takeovers (ATOs) of users of Zelle, the digital payment service. More businesses are adopting artificial intelligence (AI) and other technology to fight fraud. acquire personal data via account takeovers. Financial Institutions.

AI

PYMNTS

OCTOBER 8, 2020

The following Deep Dive explores how restaurants are using the latest dining and ordering technology to satisfy these requirements. A survey found that 62 percent of customers worry about fraud — such as pilfered payment details, account takeovers or fake reviews being left in their names — when interacting with QSRs.

Innovation

PYMNTS

AUGUST 10, 2020

“Many fraudsters are attempting to skim advertising dollars by duplicating apps and restoring ads, while others are targeting rewards systems by using bots to give them unfair advantages in matches, providing phony GPS locations or changing game criteria,” states the Digital Identity Tracker®.

Credential

PYMNTS

OCTOBER 1, 2019

QSRs are fighting back against bad actors by partnering with third-party payment processors and incorporating security technologies to authenticate customers. In an interview with PYMNTS , Chipotle CTO Curt Garner explained how account takeovers primarily occur through automated bot attacks that have an identifiable signature.

Data Breach

PYMNTS

SEPTEMBER 24, 2020

Singapore, Donlea added, has a forward-thinking government in place that is friendly toward commercially oriented technology and is eager to attract global investments (and has narrowed down finalists for five digital banking licenses).

APACS

PYMNTS

JUNE 26, 2018

Account takeovers are finding favor among fraudsters. Account takeovers have the double-barreled effect of being easier to complete successfully — for the bad guys — and are harder to head off (by the good guys). Furthermore, the company said that bots are being used to abuse stolen credentials.

Account Takeovers

Seon

MAY 8, 2024

Fueled by technology advancements and the widespread availability of affordable cloud computing, this evolution has democratized the ability to launch large-scale cyberattacks and fraud schemes, enabling virtually anyone to orchestrate them. This is where you can integrate residential proxy detection to bolster bot attack mitigation.

Online and Mobile Banking

PYMNTS

SEPTEMBER 1, 2017

Voice-activated technology has a lot of potential in healthcare. To date, voice technology in healthcare is mostly being used to automate call routing and self-service tasks. In terms of an at-home voice assistant like Mabu, Dr. Kidd said, “These technologies are not replacements for human care. That person’s name?

Identity Theft

Seon

MAY 28, 2024

Diving into practical, actionable recommendations, we’ll explore strategies to sharpen risk profiling capabilities and leverage innovative technologies to better identify and mitigate potential threats. Together, these technologies help to differentiate between legitimate and fraudulent players during onboarding processes.

Security

PYMNTS

APRIL 22, 2020

Banks are jostling for space in the market because an expanding number of FinTechs and large-scale technology companies are competing for the same set of consumers. These technologies are not yet widespread, however, and it will likely be some time before they are commonly used for onboarding and authentication procedures.

Security

PYMNTS

JUNE 14, 2017

PYMNTS asked Tom Byrnes, chief marketing officer at Vesta, to weigh in on the battleground of account takeovers and what can be done to protect sales and boost customer loyalty. Fewer than half of merchants have taken additional steps for account authentication solutions beyond standard login details.

Consumer

PYMNTS

JANUARY 9, 2019

To beat fraudsters at their own game, retailers must change the technology they are relying on and do so in a way that doesn’t add friction to the user experience, said Shamoun Siddiqui, chief information security officer for luxury department store chain Neiman Marcus.

Fraud Detection

Fintech Finance

MAY 30, 2024

Mangopay’s Fraud Prevention solution provides a fully integrated and payment processor-agnostic AI-driven cybersecurity solution to guard against an evolving range of threats, including account takeover by both bots and humans, reseller fraud, payment fraud, chargebacks, and return abuse.

Fraud Prevention

PYMNTS

SEPTEMBER 5, 2019

Fraud protection has never been taken lightly by call centers, but the need for stricter authentication is reaching new levels in the face of automated bot attacks and near-daily account takeover (ATO) attempts.

MFA

FICO

JUNE 20, 2019

Of this, over $ billion n is attributed to subscription fraud and account takeover. In my next post, I’ll discuss account takeover fraud, and then how to tackle these kinds of fraud. There are numerous other drivers for subscription fraud, including; A proliferation of digital identity information.

Account Takeovers

FICO

JUNE 20, 2019

Of this, over $7 billion is attributed to subscription fraud and account takeover. In my next post, I’ll discuss account takeover fraud, and then how to tackle these kinds of fraud. . There are numerous other drivers for subscription fraud, including; A proliferation of digital identity information. by Mel Prescott.

Account Takeovers

FICO

JUNE 20, 2019

Of this, over $7 billion is attributed to subscription fraud and account takeover. In my next post, I’ll discuss account takeover fraud, and then how to tackle these kinds of fraud. . There are numerous other drivers for subscription fraud, including; A proliferation of digital identity information. by Mel Prescott.

Account Takeovers

PYMNTS

DECEMBER 2, 2019

Ticketmaster is one of many online ticket sale platforms that have acted to protect their offerings against emerging threats, such as account takeover (ATO) attacks and credit card fraud. Getting to Know Fans With Data. The program’s goal is twofold, Karyo said.

Point-of-Sale (POS)

PYMNTS

OCTOBER 8, 2019

It’s a big question, so PYMNTS brought in some of the big guns to answer it — specifically Dunkin’ Vice President of Digital and Loyalty Marketing Stephanie Meltzer-Paul, Chipotle Chief Technology Officer Curt Garner and Taco Bell Senior Director of Digital Technology Rafik Hanna. In many situations, AI can do the job all on its own.

Bots

Seon

JUNE 21, 2023

Like any online account, virtual credit card accounts, the mobile wallets they are kept in, and even the online bank accounts they may be connected to are vulnerable to account takeover (ATO) fraud , phishing, and more sophisticated attacks, such as man-in-the-middle attacks.

Credit Cards

PYMNTS

NOVEMBER 16, 2018

What if cutting-edge technology — technology not yet in mainstream banking, but arguably headed there with firm speed — could replicate in a significant and meaningful way, the old reality of having a banker who not only has the time to deal with customers one on one, but knows them deeply as individuals? One-On-One Service.

AI

PYMNTS

MAY 27, 2016

We don’t like that bots are sizzling, mind you, but they are, unfortunately, on fire. I was reminded yesterday in my digital discussion with the CEO of Forter, Michael Reitblat, that 83 percent of the fraud attacks last year were the result of botnets, besting some of the more “tried and true” tactics like account takeovers and phishing.

SWIFT

Fintech Labs Insights

AUGUST 16, 2016

Early this summer, we started reviewing applications from companies excited to present their latest fintech tools, technologies, APIs, platforms, case studies, and tutorials at FinDEVr Silicon Valley 2016. Castle uses behavioral analysis in its security API to help online businesses avoid account takeover.

Payment APIs and Integration

PYMNTS

APRIL 24, 2018

With the advent of technology and the prevalence of online shopping, the term eCommerce fraud has become more general and more vague. Of these, none are more insidious than Account Takeover, aka ATO. These data points are known as behavior analytics, and, according to Shem-Tov, they can help spot bot behavior a mile away.

Breach

PYMNTS

DECEMBER 21, 2020

“Kount Control applies protection, policy customization and reporting to give restaurants [a] complete [safeguard against] account takeover,” he said. Meanwhile, Kount’s Event-Based Bot Detection can stop malicious bots, allow good bots and quickly analyze, classify and adapt policies to new and questionable bots.”.

Bots