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Top 10 Fraud Fighting Podcasts
Consuming fraud fighting education can happen in many ways. One of the most enjoyable is a podcast. Throw it on as you commute to work, go for a run, or do anything where you can have a listen. Then you sit back and enjoy as you boost your fraud knowledge! To make...
The Nicest Guy in Fraud Prevention
We have all met fraud fighters we loved. The curious, tenacious type who owned their work. When fraud cases needed working they knocked it out. When rules were misfiring, they came to the rescue. It’s a thing of beauty. And then we've met fraud fighters that were… “more challenging”. Nothing was their...
Brazilian Pix Payment Network: A Case Study in “Faster Payments, Faster Fraud”
The term "sequestro relâmpago" ("lightning kidnapping") first appeared in Brazil in the 1990s. "Lightning kidnapping" was coined to describe a particular kind of violent crime in which people would be nabbed off the street and coerced - often at gunpoint - to withdraw cash from a nearby ATM. Instances of this type...
Investment, Acquisitions & IPOs – Q2 2022
Q2 just closed out, so it's time for our quarterly investment update. As you can see, there is a lot more white space here as investments and acquisitions slowed down in Q2. Have a read to learn more about the relevant moves in the industry! SEON SEON is on track to becoming...
10 Books About the Biggest Business Scams of Our Time
Business scams have been the subject of numerous books. People have always been interested in reading about not only the success of businesses but also how scammers deceive them. Reading books about scams is an excellent opportunity for a young business to learn the secrets of scammers and prevent the emergence of...
Fraud Prevention in the Customer Experience Era
While FSO's aspire to prevent fraud losses, focusing on the customer is also critical. Do retail and corporate banking customers expect to experience a certain level of friction to validate the trust that they've placed in the FSO? One argument suggests that if friction is user-friendly, and the customer is able to...
Fraud’s Dark Matter: The Universe of Scams Most of Us Never Know About
Ana was emaciated when she arrived at the Brazilian embassy in Cairo. An amateur volleyball player once upon a time in Sao Paulo, Ana's tall frame was bent from the hunger, fear and humiliation she had endured for weeks in a village outside of Beni Suef. Ana had come to Egypt for...
From Breach to Fraud: The Compromised Payment Card Lifecycle
It’s happened to almost everyone. One day we check our bank statement or receive an alert and scratch our head thinking “Hmm, that’s odd. I don’t remember making that purchase.” Unfortunately, the truth is that we became a fraud victim long before that purchase was made, as our card was probably compromised...
Digital Footprinting: An Effective Way to Stay a Step Ahead of Fraudsters
Committing online fraud – or at least attempting it – is shockingly easy. Most tech-savvy people, if they were minded to, could learn the basics and take steps towards becoming a criminal mastermind. All it takes is to install a Tor browser, head to the dark web, and purchase a dump of...
Global Anti-Scam Alliance: Mission
The number of online scams is booming. Consumers lost nearly USD 50 billion to scams in 2020. The number of scams reported to law enforcement grew by 90% to more than 266 million reports. As reported in ScamAdviser's 3rd Global State of Scams Report, the number of reported scams increased from 139...