Rippleshot Blog

Rippleshot

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Samsung Customer Information Stolen in Data Breach

Posted by Rippleshot on Sep 7, 2022 9:05:11 AM

Originally Posted on CNET

Samsung says the stolen data may include customer names, contact information and birthdays.

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Topics: Industry News, Fraud, E-Commerce, Data Analytics

LastPass Just Had a Security Breach

Posted by Rippleshot on Aug 29, 2022 9:24:54 AM

Originally Posted on How-To Geek

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Topics: Industry News, Fraud, E-Commerce, Data Analytics

Debit Card Fraud Leaves Ally Bank Customers, Small Stores Reeling

Posted by Rippleshot on Aug 22, 2022 3:22:27 PM

Originally Posted on Ars Technica

Some are seeing charges on cards they've never activated or hardly used.

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Topics: Industry News, Fraud, E-Commerce, Data Analytics

Fortifying Fraud Operations for Strategic Resilience

Posted by Rippleshot on Aug 8, 2022 9:51:01 AM

Originally Posted by Finopotamus

Guest editorial by Canh Tran, co-founder and CEO of Rippleshot

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Topics: Industry News, Fraud, E-Commerce, Data Analytics

33% of Small Businesses Have Been Severely Impacted By Credit Card Fraud – Are Payment Processing Services Truly Secure?raud Fighters Are Seeing (Clone)

Posted by Rippleshot on Aug 3, 2022 8:34:41 AM

Originally Posted by Forbes Advisor

All businesses, great and small, have at least one thing in common: payment processors. Cash-only businesses get away without having to pay a processor to complete credit card, debit and digital payments, but that type of business is rare. Accepting card payments is convenient—for you and customers—but it means there’s a risk of credit card fraud. And while point-of-sale (POS) platforms can help you better facilitate payments, they can bring their own obstacles. In a Forbes Advisor poll, 33% of small business owners said credit card fraud is a major issue. Is the risk worth the reward?

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Topics: Industry News, Fraud, E-Commerce, Data Analytics

What The Frontline Fraud Fighters Are Seeing

Posted by Rippleshot on Jul 25, 2022 11:08:00 AM

Originally Posted July 15, 2022 by BAI

A recent survey finds that, while the industry has made a lot of progress, there’s still a ways to go to optimally balance frictionless CX and customer protection.

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Topics: Industry News, Fraud, E-Commerce, Data Analytics

Predictive Analytics Market Size Worth US$ 55.5 Bn in 2032 | Report by Future Market Insights, Inc.

Posted by Rippleshot on Jul 18, 2022 10:50:34 AM

Originally Posted June 30, 2022 by Yahoo!Finance

The increasing efficiency of data processing technology and solutions is a fundamental driver of predictive business analytics growth. Because of the rapid development of artificial intelligence and deep-learning algorithms, activities that formerly required extensive knowledge and expertise may now be accomplished with ease

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Topics: Industry News, Fraud, E-Commerce, Data Analytics

New Orleans Man Sentenced to Nine Years in Federal Prison for Massive Credit Card Fraud Scheme

Posted by Rippleshot on Jul 11, 2022 11:29:03 AM

Originally Posted July 5, 2022 by United States Department of Justice

 

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Topics: Industry News, Fraud, E-Commerce, Data Analytics

Hackers Stole Social Security Numbers in Flagstar Data Breach Affecting 1.5 Million Customers

Posted by Rippleshot on Jun 28, 2022 11:13:59 AM

Originally Posted June 21, 2022 on TechCrunch

 

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Topics: Industry News, Fraud, E-Commerce, Data Analytics

MD|DC Credit Union Association-led data breach standard update enacted into law

Posted by Rippleshot on Jun 13, 2022 11:13:49 AM

Originally Posted June 2, 2022 on CUNA

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Topics: Industry News, Fraud, E-Commerce, Data Analytics

Reading the Tea Leaves: a 2022 FRAML Outlook

Posted by Rippleshot on Mar 21, 2022 11:32:11 AM

Originally Posted February 21, 2022 on CUNA by Eric Tran-Le

It’s no secret: 2021 was an ever-evolving year for financial crime fighters. Both threats and world events emerged quickly to forever change the risk landscape, and credit unions have needed to stay five steps ahead to combat these new fraud and anti-money laundering (FRAML) vulnerabilities.

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Topics: Industry News, Fraud, E-Commerce, Data Analytics

Payment Card Verification Remains Leader Among Anti-Fraud Measures

Posted by Rippleshot on Mar 7, 2022 8:31:39 PM

Originally Posted March 7, 2022 on pymnts.com

One of the most important parts of doing business with a new customer is verifying that that customer is who he or she claims to be and that he or she represents the company it claims to represent. While there are myriad ways to do this, there’s a clear winner for online identity authentication.

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Topics: Industry News, Fraud, E-Commerce, Data Analytics

TSYS On Fraud-Fighting FinTech Trends In 2022 And Beyond

Posted by Rippleshot on Feb 23, 2022 2:48:41 PM

Originally Posted Feb 7, 2022 on pymnts.com

As businesses work to keep out fraud and curb false declines in the year ahead, they must bear in mind that context is key. In the Digital Fraud Tracker, TSYS’ Dondi Black explains how companies can tap AI and machine learning to verify data points and use context — such as location — to go long on security while creating a frictionless customer experience.

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Topics: Industry News, Fraud, E-Commerce, Data Analytics

Outsmarting merchant initiated fraud – Exclusive interview with João Moura, Fraudio

Posted by Rippleshot on Feb 11, 2022 11:57:17 AM

Originally Posted Feb 10, 2022 on The Paypers

João Moura, the CEO of Fraudio, discusses how AI models can outsmart merchant initiated fraud and help PSPs and acquirers onboard more merchants in order to grow faster, smarter, and safer

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Topics: Industry News, Fraud, E-Commerce, Data Analytics

Fraud Is On the Rise, and It's Going to Get Worse

Posted by Rippleshot on Feb 2, 2022 1:02:39 PM

Originally Posted Jan 21, 2022 on Dark Reading

The acceleration of the digital transformation resulted in a surge of online transactions, greater adoption of digital payments, and increased fraud.

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Topics: Industry News, Fraud, E-Commerce, Data Analytics