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Fraud Prevention

Background

Fraud is wrongful deception for financial gain. The global levels of fraud are huge and growing: according to the Association of Certified Fraud Examiners (AFCE) in the USA, a typical business loses 5…

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Fraud Prevention

Use a smartphone to verify online purchases

by Kylene Casanova

A new solution is coming to verify online purchases more secure. SafePay Solutions, a Canadian authentication based company, has revealed plans to launch a new tool which uses a smartphone to verify online purchases

Fraud Prevention

New fraud service could cut payment card chargebacks by 43%

by Kylene Casanova

Retail Decisions (ReD) has announced ReD Fraud Alert, a service which enables issuers and merchants to exchange cardholder data and transaction histories to identify suspicious activity.