Experian Launches CreditLock to Give Brits an Extra Layer of Protection Against Identity Fraud
- 2 years 1 month ago
- Fraud Detection
Experian has today launched CreditLock, a new feature that will enable customers to lock their Experian Credit Report at the touch of a button. The launch comes following data that shows 1 in 4 UK adults have fallen victim to fraud, with 75% of UK adults having been targeted, highlighting the scale of the problem in the UK. 1
Seon Prepares For Busy 2023 With New Key Hires
- 2 years 1 month ago
- Fraud Detection
Fraud prevention company, SEON, has announced the new hires of Ben Ortman as its new Global VP of Sales and Andrew McAllister as its new VP of Customer Success. The new additions reaffirm the company’s commitment to continued growth in 2023.
New Fraud Refund Mechanism Could Exclude a Quarter of Victims, Warns TSB
- 2 years 1 month ago
- Fraud Detection
TSB is warning that around a quarter (25%) of fraud victims could be denied reimbursement under the Payment Systems Regulator’s proposed refund mechanism, due to be introduced next year.
Report: Nearly 1 in 4 Consumers Who File Chargebacks Admit to “Friendly” Fraud
- 2 years 2 months ago
- Fraud Detection
Sift, the leader in Digital Trust & Safety, today released its Q4 2022 Digital Trust & Safety Index, which found that chargeback dispute rates have risen over 35% since Q1 2022, as everyday consumers increasingly seek to claw back money from businesses.
Brightwell’s Product Arden Named 2022 Winner in the BIG Award for Business
- 2 years 2 months ago
- Fraud Detection
Atlanta-based global payments technology company Brightwell announced today that its fraud prevention and mitigation solution Arden received the Business Intelligence Group’s BIG Award for Business and was named 2022’s New Product of the Year.
MANGOPAY and Nethone Join Forces to Provide Platforms and Marketplaces with Dedicated Anti-fraud Solutions
- 2 years 2 months ago
- Fraud Detection
MANGOPAY, the platform-specific payment infrastructure provider, is acquiring AI fraud detection and prevention company Nethone to develop and offer anti-fraud solutions designed specifically for marketplaces.
Mastercard and Ravelin Partner to Reduce Fraud and Create Frictionless Checkout in Digital Quick Commerce
- 2 years 4 months ago
- Fraud Detection
During the pandemic, online grocery orders rose by more than 50% and are expected to rise further this year, according to McKinsey research. More than ever, people make day-to-day purchases online, choosing quick commerce merchants that offer speed and convenience.
Experian Fraud Score Aims to Boost Fraud Prevention in the UK
- 2 years 4 months ago
- Fraud Detection
Experian has announced the launch of Experian Fraud Score, a next-generation fraud prevention solution which will help businesses of all shapes and sizes to detect fraud at the point of application, transaction and throughout the customer lifecycle. The service is independent of any data consortium membership, allowing organisations to have access to an advanced fraud prevention score ‘out-of-the-box’.
New Research Reveals Ireland is the Credit Card Fraud Capital of Europe
- 2 years 6 months ago
- Fraud Detection
Since March 2020, consumer spending habits have changed significantly, and that includes the way we use our credit cards online. Almost immediately, fraudsters tapped into this and found new ways of taking advantage of this with devious scams and cons that caused a drastic rise in fraud cases.
Cybercriminal ‘CEOs’: Master Fraudsters Making Almost Three Times the Amount of Top 100 FTSE CEOs
- 2 years 9 months ago
- Security, Cybersecurity, Fraud Detection
The fraud industry mirrors the size of the third largest economy* in the world, behind only the US and China
Latest ONS Figures Point To Rising Digital Fraud
- 2 years 9 months ago
- Fraud Detection
Josh Gunnell, director of fraud & ID at TransUnion in the UK, comments on the recent ONS fraud statistics:
SEON Raises $94 Million in Series B
- 2 years 10 months ago
- Fundraising News, Fraud Detection
SEON, a London-based Anglo-Hungarian startup that powers online fraud prevention raised $94 million in Series B funding.
Four in 10 UK Consumers Say Targeted by Online Fraud
- 2 years 10 months ago
- Fraud Detection, FinTech StartUps
According to TransUnion’s 2022 Global Digital Fraud Trends Report, 42% of UK consumers say they have been targeted by online fraud in the past three months
Surecomp Introduces Duplicate Financing Fraud Prevention as Industry Utility
- 2 years 10 months ago
- Fraud Detection, Risk Management
Surecomp® today announced it is providing a new solution based on advanced cryptographic technology allowing financial institutions to mitigate the risk of duplicate financing fraud.
Expansion Continues for PXP Financial with Canada Launch
- 2 years 10 months ago
- Payments, Data Protection, Fraud Detection, Data
Ontario launch marks the next step for payment experts after successful US expansion. PXP Financial Inc., the US subsidiary of PXP Financial Ltd., an expert in global acquiring, payment, fraud and data analysis services, has today announced its arrival in Canada.
