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Using AI And Biometrics To Digitize Estate Planning

PYMNTS

The COVID-19 pandemic has triggered an uptick in digital fraud and identity theft, with 18,235 pandemic-related fraud reports received by the Federal Trade Commission (FTC) since the beginning of the year. For more on these and other digital identity news items, download this month’s Tracker.

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How To Tell The Good Bots Vs. The Bad Ones

PYMNTS

According to Distil Networks, for every cool, new bot — designed to help make shopping, weather, travel and even real estate easier — there are bad bots being created that post a serious security threat to consumers. Bad bots are more prevalent on hardwired networks than on mobile, but their numbers are growing,” Essaid stated.

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A Focus On Ad Fraud And Solutions

PYMNTS

Fraud takes many forms, from account takeover attacks to identity theft. Bots are used for click spamming, which simulates a high number of clicks that appear to be from real devices. Some fraudsters hijack legitimate clicks instead of generating them with bots. Experts estimate that total fraud losses in 2018 totaled $3.9

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U.S. Card Skimming Fraud Grows 700+% in First Half of 2022

FICO

Once a customer has used a compromised card reader, the fraudster can download or wirelessly transfer the card details and the video of the PIN being typed, giving them complete access to the account. Fraud Trends for 2022: Top 5 Includes "Scamdemic" and Bad Bots. Debbie holds a B.A. See all Posts. chevron_left Blog Home.

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Top 5 Surprises from FICO’s Fraud and Digital Banking Survey

FICO

million identity theft reports filed in 2021, many of which relate back to banks and lenders. These experiences occur across multiple channels: mobile, desktop, bot-assisted chat, social media, automated phone management, and in-branch. . Download the white paper on this survey. These statistics are based on roughly 2.8