credit card fraud Archives

Online Fraud Soared 30% In 2017, Double The Rate Of E-commerce Sales

Chip Credit Cards, General BusinessBy superadmin May 31, 2018

Online Fraud Soared 30% In 2017, Double The Rate Of E-commerce Sales. According to U.S. Census Bureau data, eCommerce sales climbed to a record high of $453.5 billion in 2017, representing a 16% increase over the previous year. However, recent Experian reports revealed that online shopping fraud rose 30% year over year, and 63% of businesses acknowledge they…

Biometric Customer Authentication is Hot Right Now

Chip Credit Cards, General BusinessBy superadmin May 25, 2018

Biometric Customer Authentication is Hot Right Now, But It’s Not a Cure-All for CNP Fraud. Two big pieces of news from the payments world have put the spotlight on biometric authentication tools for shopping and banking, and at a glance it seems like biometrics could fix a lot of the fraud challenges the retail and…