Rippleshot Blog

Originally Posted on Dark Reading

A crime syndicate based in Russia steals millions of dollars from credit card companies using fake dating and porn sites on hundreds of domains to rack up fraudulent charges.

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

Originally Posted on CNET

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

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

Originally Posted on How-To Geek

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

Originally Posted on Ars Technica

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

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

Originally Posted on BankDirector.com

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

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

Originally Posted by Finopotamus

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

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

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?

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

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.

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

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

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

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

 

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

Originally Posted June 21, 2022 on TechCrunch

 

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

Originally Posted June 2, 2022 on CUNA

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

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.

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

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.

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

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