Remove Account Takeovers Remove Assessments Remove Bots
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Kount Control Aims To Cut Account Takeover Fraud

PYMNTS

With a new solution announced Tuesday (March 17), identity trust and digital fraud protection firm Kount seeks to help people avoid the pitfalls and annoyances of account takeover fraud. That includes everything from bots, credential stuffing and malicious, intentional human hacking activity.

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Sumsub Combats Fraud Networks in APAC With Upgraded Solution

Fintech News

This tool is designed to help businesses tackle fraud rings, account takeovers, chargeback fraud, and bot attacks. Sumsub, a global verification provider, is addressing the sharp increase in fraud networks in the Asia-Pacific (APAC) region with its enhanced Fraud Prevention Solution.

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Why Mobile Rewards Programs Attract Fraud

PYMNTS

In the latest Mobile Order-Ahead Tracker , PYMNTS explores the latest developments in the world of QSR rewards programs and how credential stuffing and account takeovers are plaguing the industry. Chipotle has been using artificial intelligence (AI) and machine learning (ML) for risk assessment with human assistance when necessary.

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Deep Dive: Why Leveraging Biometrics Can Ease FIs’ $4B ATO Problem

PYMNTS

Account takeovers (ATOs) are a growing source of pain for financial institutions (FIs) and their customers, with losses from these attacks rising 164 percent in 2018. Some of these attacks see bots entering random words and numbers, while others involve entering common usernames and passwords.

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Could DoorDash Data Breach Stoke Mobile Ordering Fears?

PYMNTS

These businesses felt unequipped to handle mobile attacks (32 percent) and synthetic identity fraud (32 percent) in equal measures, while account takeovers posed problems for 25 percent. AI and ML play key roles in assessing risk, as they can analyze thousands of transactions in a fraction of the time that it takes a human analyst.

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The Dual Path: Boosting Profitability & Security in iGaming 

Seon

Focusing on combating key issues like bonus abuse, multi-accounting, bot activity and affiliate fraud, we’ll examine the attack vectors that can diminish trust and financial stability if they are not addressed efficiently. Can You Spot the Bot?

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Deep Dive: The Need For Real-Time Data To Keep Onboarding Fast And Secure

PYMNTS

There has been greater interest among FIs for tools that can provide the same level of service and satisfaction regardless of channel, with 88 percent of banks’ fraud executives stating that key use cases for risk assessment tools are ones that improve onboarding experiences.