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

PYMNTS

Bad actors attempting ATOs seek to gain control of victims’ bank accounts without alerting FIs, and they therefore aim to obtain the login credentials necessary to smoothly move through FIs’ authentication measures. Some of these attacks see bots entering random words and numbers, while others involve entering common usernames and passwords.

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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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Kount Control Aims To Cut Account Takeover Fraud

PYMNTS

Called Kount Control, it is an “adaptive protection solution” that will evaluate user behavior and device activity to try and assess when activity on a platform is suspicious and could be a takeover attempt, according to an emailed company statement.

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The 5 Best RPA Tools in 2023

Nanonets

Understanding Robotic Process Automation Robotic Process Automation, or RPA, is a technology that uses software robots, or bots, to automate repetitive tasks and processes. These bots mimic human actions by interacting with various systems and applications, such as data entry, screen scraping, and decision-making.

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How Chipotle Rewards Customers, Not Hackers

PYMNTS

Artificial intelligence (AI) and machine learning play key roles in assessing risky transactions, as they can analyze thousands of transactions in a fraction of the time it takes a human analyst. 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.

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What Is Telecom Subscription Fraud?

FICO

The ‘want it now’ culture of today’s consumer means that the technologies we all love to use for their convenience make it easier for fraudsters to do what they do, e.g., bots designed to test login credentials or to generate customer orders using stolen or synthetic identities.

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What Is Telecom Subscription Fraud?

FICO

The ‘want it now’ culture of today’s consumer means that the technologies we all love to use for their convenience make it easier for fraudsters to do what they do, e.g., bots designed to test login credentials or to generate customer orders using stolen or synthetic identities.