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Why US Credit Card Fraud Complaints Are On The Rise

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Credit card fraud complaints in the U.S. ValuePenguin analyzed data collected by the Consumer Financial Protection Bureau and found that there were approximately 70,000 credit card fraud complaints submitted in 2015. At the state level, the number of credit card fraud complaints were much more pronounced. Across the U.S.,

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Kount Offers Anti-Fraud Product Aimed At Insurance Industry

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Idaho-based Kount has released a new product aimed at preventing insurance fraud as the industry increasingly turns to digital, and even mobile, setups. Along with the security benefits, Kount’s product will also ensure “marketing campaign efficiency and conversion,” the company added. In a Tuesday (Aug.

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The Pandemic’s Push For The FI/FinTech ‘Win-Win’

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For example, if I should lose my card, I should be able [to] get a replacement, get it instantly pushed to my digital wallet and be able to activate it instantly online.”. He added that while convenience and simplicity both sound like easy and obvious goals, providing them in a secure manner to customers across any and all channels isn’t.

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BEC Run Out Of Detention Center Nets Millions

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As for the locale: Search warrants, noted by ZDNet , were served on those individuals in an immigration detention center, yielding 16 mobile phones, various SIM cards and a number of electronic storage devices. The scam, which used those devices and deployed email methods, netted more than $3 million in Australian currency.

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Deep Dive: Digital ID Developments From Around The World

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Even though biometrics offer notable security advantages, they do come with risks. The following Deep Dive examines the potential use cases for biometrics in national identification systems and the security pitfalls they could encounter. . Colorado, Idaho, Maryland, Wyoming and Washington, D.C., A reported 3.6

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Why State And Local Governments Struggle To Shred The Paper Check

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Studies show that digital disbursement methods could reduce these costs as well as make payments more efficient within Illinois, but the state also has to balance its budget and the security measures it will need to take for online payments before modernizing.

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SaaS Platform Kount Partners With Verifi To Help Firms Minimize Disputes, Fraud

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Kount , the Boise, Idaho-based Software as a Service (SaaS) platform designed to simplify fraud detection and improve profitability, announced it has partnered with Verifi , the payment protection and management company. In June, Visa signed an acquisition agreement with Verifi.

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