The Rise of “Sleeper Cell” Accounts and Fraud

As fraud methods become more advanced, the fraudsters behind it are keeping pace. Recently, a common tactic has emerged where criminals are leveraging account takeover or account creation by “aging” accounts before monetizing them. A March report compiled by antifraud technology provider DataVisor, provided insight into how fraudsters are hiding amongst us inside consumer websites and mobile apps, using “sleeper […]

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The Future of 3-D Secure and Ecommerce

  Designed to add additional layers of security for online credit and debit card transactions, 3-D Secure has proven to be extremely useful in thwarting potential fraud. 3-D has been adopted by credit card giants Visa (Verified by Visa), MasterCard (MasterCard SecureCode), and American Express (American Express SafeKey) among others and the software technology behind 3-D is constantly improving. Case […]

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Trust Rising Among Mobile Wallet Users

  It’s no secret that the digital payments industry is growing. Along with it, the use of mobile wallets is rapidly growing as well. While this type of payment method is convenient for both consumers and merchants, much of the increased usage of digital wallets is due to improved security measures which has created higher levels of trust among users […]

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Consumer Financing Options Help SMBs Compete

  The ability for small to mid-sized businesses to offer financing to its customers can’t be understated. With impressive percentages like the 77% of consumers saying the availability of financing drove their choice of retailer. That means while visiting a merchant’s shop, on-the-spot decisions are being made based on financing options. And then there’s the topic of spending totals — […]

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