Businesses are struggling to fight account takeover attacks; loss of money, reputation, customer loyalty, and potential risk of litigation all
Between financial loss and impact on reputation, transaction fraud is a serious threat to eCommerce. This is old news, of course, but it is mostly
Account takeover (ATO) fraud is now the “new normal” in the world of online commerce. The cost of ATO fraud has tripled in recent years, , and
Amsterdam, June 4, 2019 - SecuredTouch, the global provider of Behavioral Biometrics based advanced fraud detection solutions, announced today it
New York, 30 April 2019 - SecuredTouch, the global provider of behavioral biometrics based advanced fraud detection solutions, is now part of the
Online shopping has become so common that it seems to have always been around. eCommerce has completely revolutionized retail; not that long ago,
Online purchases are on the rise with Americans making over $500 million of eCommerce purchases in 2018. Not surprisingly, this growth has been
In the first part of this series of blog posts, we interviewed Ido Rozen, Cyber Researcher at SecuredTouch, and established that the dark web can
The securely encrypted and anonymous nature of the dark web makes it an ideal host for activities related to fraud for one simple reason: it can't
Updated as of February 10th 2019
Since 2017, the number of mobile phone users with bank accounts has more than doubled. More than half of U.S.
The pace is fast in both cybersecurity & fintech. It's necessary to keep up to date with the latest challenges and solutions, as well as the
PSD2 opens up a large number of new opportunities for banks and their customers. The new directive puts customers in greater control over their
In less than a lifetime, computers evolved from room-sized monstrosities to pocket-sized intelligent assistants. Each phase of this transformation
Mobile malware is becoming more sophisticated and evasive, making detection challenging. According to the McAfee Labs Threats Report for June 2018
The second revision of the Payment Services Directive (PSD2) is one of the most disruptive and important regulations in the banking industry with
Identity and Access Management (IAM) plays a central role in securing enterprise IT systems. IAM is a framework for managing digital identities
Few markets face as much fierce competition as eCommerce. With giants like eBay, Amazon, and Walmart dominating the industry, companies need to
As the world becomes increasingly digital, the need for strong cybersecurity is also increasing. Fortunately, modern technologies have made it
Banks and financial service providers must offer advanced payment and banking services to mobile users in order to remain competitive. As
User expectations about mobile banking apps have changed drastically over the past decade, and many banks are struggling to balance usability and
Mobile fraud prevention and detection tools are evolving, especially in the field of static biometrics. And static authentication might be
The future of banking is increasingly mobile. As mobile banking grew from 11% in 2012 to 31% in 2017, banking from a desktop decreased from from
When businesses began to go online several decades ago, it became apparent that users’ private information would need to be protected against
Banking has come a long way since we had to make time to squeeze in a visit to the bank teller into our working day. Banks now have a much easier,
The writing is on the wall: customers are increasingly transacting electronically, and indeed transacting with mobile phones. A 2017 survey by the
As banking services expand to mobile, fraudsters continuously develop new fraud schemes by blending old tactics with new technologies.
In part 3 of our interview series, 'Ask The Experts: The Future of Banking & FinTech in Light of PSD2' we interview Avi Cohen, Co-Founder, CEO at
A version of this article originally appeared in Payment Business Magazine, Nov/Dec 2017
According to a survey done by PaymentEye.com, most of us take these three items whenever we get out through the door: home keys, a wallet, and a
Nowadays the world revolves around data and access to the data, especially the use of Personally Identifiable Information or PII. Once a PII
Digital identity theft is a year-round issue, but the hectic holiday season is prime time for crooks looking to steal your personal information.
*A version of this blog originally appeared on The Paypers
In part 2 of our interview series, 'Ask The Experts: The Future of Banking & FinTech in Light of PSD2' we interview Savino Damico, Head of Digital
In part 1 of our interview series, 'Ask The Experts: The Future of Banking & FinTech in Light of PSD2' we interview Damian Richardson, Head of
As banking increasingly goes mobile, users expect the same functionality as with online banking. However, mobile banking represents new risks, and
With mobile phones serving as full computing platforms as well as popular tools for banking, transactions and payments, they are natural
It wasn’t long ago that two-factor authentication met the security needs of most organizations. In the good old days of laptops and desktops, the
The use of mobile phones for mobile banking and transactions is becoming increasingly widespread, necessitating stronger security measures capable
Behavioral biometrics technology immediately recognizes non-human behavior and mobile emulators, delivering real-time alerts
Behavioral analytics follows the behavior of users and records how they behave when interacting with devices and apps, essentially what they do.
There’s endless talk these days about bots, both the kind used on Facebook to converse intelligently with users and the more malevolent type that
We’ve almost become inured to the daily reports of data breaches, accepting it as a fact of life. Due to the massive volume of apps and the lack
The cat and mouse game between fraudsters, device manufacturers, app developers and smartphone users is a tiring one. Fraudsters are constantly
Consumer adoption of mobile technology has occurred at rates faster than any other previous technology adoption and businesses are struggling to
When thinking about fraud detection, there are a lot of options out there. From geolocation to IP address verification, there are a wide range of
The whole point of fraud prevention is to stop the bad guys. What if a tool used to do this resulted in stolen personal data?
Did you know now is the best time to start protecting your business from fraud? If you don’t follow fraud news like we do, maybe not.
With the ever-evolving fraudster looming and the increasing use of mobile devices, merchants are realizing the importance of preventing fraud. Are
For many companies, the word “fraud” looms overhead like a dark cloud. With more and more people making transactions via desktop and mobile, the
In the world of business, one word tends to make people cringe: fraud. This is understandable. Fraud cost businesses $16.3 billion in 2014. In
One of the most frustrating aspects of mobile commerce is abandoned shopping carts. This is when shoppers go as far as to put items in their
With a growing mobile commerce market, fraud is going mobile. To keep up, businesses must commit to detecting and stopping fraud in its tracks.