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For the eighth edition, Paladin has created a fraud prevention industry report with 15 solution providers for in-depth information—and researched an additional 40 solution vendors, to compile the most comprehensive snapshot of the fraud prevention industry to date. The report uses six categories to group vendors.
This is something about which retailers remain undereducated, and has allowed fraudsters to capitalize on relatively low FDP spend,” explained research author Steffen Sorrell in a press release. In addition, Juniper is predicting that digital payment companies will spend $9.6 billion annually on FDP solutions in 2023.
Research suggests that financial phishing scams jump up nearly 10 percent in frequency during the holiday shopping season. CardinalCommerce’s platform supports virtually all merchant platforms, wallets, legacy processing systems and authentication methodologies.
That was the crux of a recent digital discussion Karen Webster had with Ken Allen, SVP of operations at Socure , when the two dug into one increasingly evolving, complex topic that’s driving the future of payments and financial services: authenticating the consumer.
In fact, recent FICO research shows that 70% of worldwide consumers would feel positive about their bank if it stopped a scam payment before the payment happened, showing a strong appetite for bank intervention to help fight criminals. Debbie holds a B.A.
However, as the nation marked Veterans Day this weekend (and the Western world commemorated the 100th anniversary of the end of World War I), new research from the world of payments and commerce showed how businesses could properly honor veterans — and do so in ways that are both lucrative and genuine, instead of cheesy.
percent when a consumer participates in all three types. In the company’s research, three data sets were constructed to test the veracity of online and social media data as a means of authentication: Real Data — The control group, consisting of 10,000 real U.S. percent, that number drops by 5.7
Given the global growth, scale and incredible variety of scams happening, what can consumers, as well as banks, do to prevent and detect this kind of fraud? For consumers, it starts with awareness. That low level of concern seems at odds with the actual losses consumers are facing. Debbie holds a B.A.
Give a deep and welcoming hello to the newest form of window shopping — a consumer behavior that will help to shape retail in 2019 and beyond, and a trend that stands as an increasing part of shopping, one that promises to impact brick-and-mortar merchants as they decide how to innovate. That’s not to say physical retail is dying.
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