AF Education
Merchant Fraud Losses Rise 7% in 2017
Merchants’ total fraud losses rose 7% year on year in 2017 to 4.09% of total orders received, according to the Ecommerce Fraud Index figures released this week by fraud solution vendor Signifyd. Hardest hit were cosmetics and perfume retailers as their fraud rate doubled in 2017 to 5.1% of total orders received....
3 Machine Learning Solutions Launch for Finance, Auto Loans & Groceries
Three separate machine learning fraud solutions targeting credit card issuers, auto loans and online groceries were released last week by Fiserv, PointPredictive and Ocado Technology, respectively. Fiserv teams up with Mastercard Financial services technology provider Fiserv made the biggest buzz when it announced that it had begun offering Mastercard’s Decision Intelligence fraud detection...
Stop Falling for Dating Scams this Valentine's Day
Valentine's Day is the holiday of love for couples. For most singles, it is an annual reminder of the need to find a significant other. That is why the holiday is an ideal time to discuss dating site scams that seek to entrap and extract money in a variety of ways from...
Provider & Fraud Knowledge – Square One
It's tempting to approach fraud management in the same manner I assemble my son's toys. Start at step 7, jump to 15, let out a few gasps, an occasional holler... and settle on whatever mix of parts you can jam together. Lucky for me, a toddler is often just as happy to...
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