With another holiday shopping season looming, the increasing threat of “card not present fraud” is front of mind with merchants of all types. It’s always been a problem for e-commerce merchants. But the surge in popularity of models such as BOPIS (buy online, pickup in-store) means that retailers of physical goods from old-fashioned brick and […]
Account Takeover Fraud – How it Happens and How to Prevent It!
E-commerce businesses are looking forward to a COVID-19 related boom during the 2020 holiday season. But the expected 35% increase in online sales compared with the same period in 2019 will also be a great opportunity for fraudsters – particularly those who specialize in account takeovers. What is Account Takeover (ATO) Fraud ATO is the […]
How to Use AI to Protect Your Business against Fraud
Rapidly developing payment technologies offer great opportunities for businesses. But they’re also very tempting targets for fraudsters. Fraud Prevention – Why the Old Ways No Longer Work And there’s no doubt that criminals are becoming ever bolder and more sophisticated in their attempts to steal from both merchants and customers. Unfortunately, therefore, the old rule-based […]