PYMNTS

JUNE 13, 2019

If it seems like cases of fraud and hacking are always in the news, that’s because new incidents pop up practically every day. One of the latest involves hackers successfully accomplishing account takeovers (ATOs) of users of Zelle, the digital payment service. acquire personal data via account takeovers.

AI 44

AI Account Takeovers Fraud Detection Online and Mobile Banking 44

Seon

MAY 28, 2024

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?

Security 52

Security Fraud Prevention AML Bots 52

PYMNTS

OCTOBER 8, 2020

A survey found that 62 percent of customers worry about fraud — such as pilfered payment details, account takeovers or fake reviews being left in their names — when interacting with QSRs. As a retailer, you can say there's no practical purpose why a customer would be trying to log on to your network using a bot.

Innovation 56

Innovation Account Takeovers Fraud Detection Bots 56

PYMNTS

JANUARY 9, 2019

As they craft their omnichannel strategies, most luxury retailers are using a variety of fraud detection programs to counteract increasingly devious methods. With our current fraud detection system, we are utilizing device fingerprinting,” Ciborowski said.

Fraud Detection 43

Fraud Detection Data Breach Account Takeovers Breach 43

PYMNTS

OCTOBER 1, 2019

In the study, the most common challenge cited by businesses was balancing fraud prevention and customer friction (68 percent), a 65 percent increase from the previous year. In an interview with PYMNTS , Chipotle CTO Curt Garner explained how account takeovers primarily occur through automated bot attacks that have an identifiable signature.

Data Breach 57

Data Breach Breach Account Takeovers AI 57

PYMNTS

APRIL 24, 2018

With the advent of technology and the prevalence of online shopping, the term eCommerce fraud has become more general and more vague. Of these, none are more insidious than Account Takeover, aka ATO. Nipping Fraud in the Bud. Behavioral change and bot activity can both be difficult to detect for their own reasons.

Breach 50

Breach Bots Credential Data Breach 50

Fintech Labs Insights

AUGUST 2, 2016

Cyberfend’s security solution detects account takeover, payment fraud, and stolen credentials. By blending human cognitive science with machine learning the company’s fraud detection system has nearly eliminated false positives or false negatives. Bot traffic is up to 3x that of human traffic.

Bots 15

Bots Credential Account Takeovers Blocks 15

Seon

MAY 8, 2024

Multi-Accounting Detection Through meticulous tracking of device and browser IDs associated with each user account, device intelligence facilitates the detection of multiple users accessing your platform from the same device, enabling proactive measures to preserve the integrity of your user base.

Online and Mobile Banking 52

Online and Mobile Banking Fraud Prevention Account Takeovers Bots 52

Seon

JUNE 21, 2023

Like any online account, virtual credit card accounts, the mobile wallets they are kept in, and even the online bank accounts they may be connected to are vulnerable to account takeover (ATO) fraud , phishing, and more sophisticated attacks, such as man-in-the-middle attacks.

Credit Cards 52

Credit Cards Risk Online and Mobile Banking Phishing 52