Proxy Detection: A critical tool in the fight against merchant fraud
Fraudsters are employing ever more sophisticated methods to bypass traditional security measures. One such method is the use of proxies to conceal their true location and identity. This is where proxy detection emerges as a powerful tool for anti-fraud professionals, bolstering their efforts to safeguard online transactions and maintain the integrity of e-commerce operations. Proxy […]
Do you specialise in POS Verification & Chargeback Solutions? We want to hear from you!
Each month on Merchant Fraud Briefing we’re shining the spotlight on a different part of the market – and in December we’ll be focussing on BPOS Verification & Chargebacks. It’s all part of our ‘Recommended’ editorial feature, designed to help industry buyers find the best products and services available today. So, if you specialise in POS Verification or […]
Will you be at the Smarter Payments Summit in March?
There’s a guest pass reserved for you at the Smarter Payments Summit, which is taking place on 12th March at the Hilton London Canary Wharf. This free event provides an opportunity for you to source the solutions you need for your upcoming projects, via a series of 1-2-1 meetings with suppliers. Your peers who are attending […]
BIOMETRICS MONTH: Balancing privacy and the need to combat fraud
Biometric technology, which measures and analyses human physical and behavioural characteristics for authentication purposes, has become a linchpin in the fight against fraud. Here, we’ll explore the multifaceted applications of biometrics in deterring fraudulent activities, its integration into security systems, and the benefits and challenges it presents… Traditionally, security measures relied heavily on knowledge-based authentication […]
Identified: The five frauds impacting the messaging ecosystem
Five common frauds impacting mobile users in the messaging ecosystem have been identified in new research, highlighting the security challenges enterprises and mobile network operators (MNOs) face in the application-to-person (A2P) messaging ecosystem. The study by Infobip says that with more and more brand-to-consumer interactions moving to digital channels, ensuring the security and privacy of this […]
How businesses can use AI to tackle financial crime
As technology continues to advance at a rapid rate, financial crime has taken on a new dimension, posing a multifaceted threat to financial institutions, writes Sonia Jain, Consultant Operations Manager at FDM Group… According to Kroll’s 2023 Fraud and Financial Crime Report, 68 per cent of respondents expect financial crime to increase over the next 12 months, with evolving […]
Online payment fraud losses to hit $91bn by 2028
Merchant losses from online payment fraud will exceed $362 billion globally between 2023 to 2028, with losses of $91 billion alone in 2028 as new technologies such as AI begin to be felt in the market. That’s according to a new report for ResearchAndMarkets, which analyses the repercussions of the surge in alternative payment methods, […]
Retail POS needs and wants: data, security and the best the market has to offer
It’s no secret that point of sale (POS) systems and receipt printing are crucial to retailers and hospitality businesses. Without them, they cannot enable sales effectively and grow their businesses optimally. In fact, to say they are important, for many, is an understatement. Especially when you consider their strategic importance to not only drive sales […]
AI MONTH: AI and Fraud Prevention – A confluence of technology and security
Businesses and financial institutions face a constantly mutating landscape of fraudulent activities. Traditional systems, once hailed as robust, now frequently lag behind in detecting and preventing contemporary fraud schemes. Enter Artificial Intelligence (AI): a transformative force that’s reshaping fraud prevention by providing real-time, predictive, and adaptable solutions. Here we explore the growing influence of AI […]
Do you specialise in Biometrics for Fraud Detection or IP Intelligence/Proxy Detection Solutions? We want to hear from you!
Each month on Merchant Fraud Briefing we’re shining the spotlight on a different part of the market – and in November we’ll be focussing on Biometrics for Fraud Detection & IP Intelligence/Proxy Detection. It’s all part of our ‘Recommended’ editorial feature, designed to help industry buyers find the best products and services available today. So, if you specialise […]
