Mobile Payments Fraud 10 Things Merchants Need To Know
By the year 2017, mobile transactions worldwide are projected to be nearly three quarters of a trillion dollars. Yes, trillion with a T. 721.4 trillion, to be exact — according to Kount’s count. That’s a far cry above what 2010’s figures registered, which was at $52.9 billion, which subsequently doubled the next year. Mobile transactions […]
Tips to Prevent Fraud in Website Payment Processing
Accepting payments online and dealing with fraud are nearly synonymous. There will likely always be some fraud associated with website payment processing, but there are ways you can be proactive in the fight against online payments fraud and productively respond to it. Read on for more tips on protecting your brand and your business against […]
Credit Card Fraud What You Need to Know
If you are the owner of a credit or a debit card, there is a non-negligible chance that you may be subject to fraud, like millions of other people around the world. Starting in the 1980s, there has been an impressive increase in the use of credit, debit and pre-paid cards internationally. According to an […]
How to Prevent Credit Card Fraud
Credit card fraud is on the rise around the world. Fraud-related losses from all card types — credit, debit and prepaid cards — reached $21.84 billion in 2015. Most losses occur via counterfeit cards used at ATMs or point of sale terminals. Fortunately, federal law states that credit card users are not liable for more […]
Online Fraud Falls 34.7 Percent
The good news? Fraudsters have at long last lost some ground. The bad news? They’re far from down for the count. The May 2017 edition of the Global Fraud Index™, a PYMNTS and Signifyd collaboration, reveals that although merchants have landed some jabs in the fight against fraud, bad actors still seemingly have relentless stamina. […]
10 Tips for Preventing Online Credit Card Fraud
Merchants and retailers are often on the front lines of managing payment card fraud. Online businesses face a unique challenge because all purchases are made as a “card not present” transaction. But there are red flags to look out for and security measures to put in place that will help minimize losses from online credit […]
Online Fraud Prevention 101: Protecting Your E-commerce Business
Chip cards are getting the attention as a fraud-defender, but they don’t help online. Get the details on basic online fraud prevention. Selling online is easier than ever thanks to E-commerce packages and hosting services that make running a website possible for even the least tech-savvy business owner, but it’s important to utilize anti-fraud tools […]
Payment fraud shouldn’t be an issue anymore!
Sadly, internet payment fraud is on continually rising, and all businesses should be aware of this. Generally speaking, no company would like to lose money or get involved in unwanted trouble due to illegal transactions of any kind. Criminals are constantly using more sophisticated methods in their use of malware to command online banking logins […]
