When it comes to eCommerce fraud, account takeover (ATO) is at the forefront of attacks. While retailers are aware of this threat, they are still

Since being founded, we’ve investigated a wide variety of fraudsters and their lines of attack. This blog is the first in a series where we will

Businesses are struggling to fight account takeover attacks; loss of money, reputation, customer loyalty, and potential risk of litigation all

Jane Frankfort was stunned. After years of flying American Airlines, she finally had  150,000 frequent flyer miles and was ready to book her dream

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

Ramping up a business is always a challenge. In 2016, we decided to rebuild our backend architecture in order to support the scale and maturity we

eCommerce fraud is increasing at a faster rate than ever before, with a 45% increase in schemes like EMV and account takeover fraud, and a 26%

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

Updated as of February 26th 2019

Mobile e-commerce accounts for over half of all retail e-commerce sales and is expected to grow another 14% by

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

The use of desktops and mobile devices has dramatically changed in recent years: mobile devices were once only used for on-the-go actions, whereas

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

As an increasing amount of personal information is being stored digitally, the conflict between security and privacy is definitely ramping up.

The Revised Directive on Payment Services (PSD2) aims to transform the way banks interact with customers, merchants, payment processors, and other

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

Mobile commerce (or m-commerce) is practically essential for any online business. The increased use of mobile devices means more users are

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

Detecting and preventing fraud is an ongoing problem for banks. While there are solutions today, they often increase security at the cost of the

Mobile banking is exploding in popularity, but so is fraud. Banks need to protect their customers, but outdated technologies and manual processes

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.

Over the past year, there has been a sharp rise in automated fraud attacks against financial institutions of all sizes. The first cyberattack

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.

Banking as we know it is changing. Initiatives such as Open Banking and regulatory frameworks like PSD2 are creating the driving forces to open up

Whether banks are acquiring new technologies or building their own solutions, increased adoption of mobile banking apps means increased

*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

Mobile banking is a dream come true for many users and banks but a veritable nightmare for the bank’s security team themselves. After all, what

The use of mobile devices is at an all-time high and it is changing the way we access and manage our money. With our increasingly busy schedules

The recent WannaCry ransomware attacks that crippled hundreds of thousands of computers in 150 countries have struck terror in the hearts of

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

Pick a number, any number, or any combination of numbers, letters and special characters, except for 12345678, password, or admin. Most of us have

The FinTech industry is highly dynamic with new disruptive trends and players popping up all the time. The role of traditional institutions is

The first Directive on Payment Services (PSD), which was adopted in 2007, was enacted to create rules and guidelines for modernising payment

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

As we discussed in a previous article, EMV is here whether or not retailers are prepared for the change. While EMV will reduce credit card present

There seems to be a black cloud looming on the horizon. Its name? Europay, MasterCard and Visa, otherwise known as EMV.

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.

Owning a small business can be an exciting and rewarding adventure, but it also comes with difficulties. This can be especially true when it comes

When thinking about fraud, businesses are often focused on the money aspect. This makes sense. Businesses are in the business of making money.

Mobile devices are an important part of our lives today. They have revolutionized the way we complete daily activities. 85% of mobile device

With the ever-evolving fraudster looming and the increasing use of mobile devices, merchants are realizing the importance of preventing fraud. Are

You’re smart when it comes to fraud. You understand fraud prevention is important and have implemented measures to prevent mobile fraud within

For many companies, the word “fraud” looms overhead like a dark cloud. With more and more people making transactions via desktop and mobile, the

As mobile device usage grows rapidly, businesses need to adapt to this changing commerce environment, and not just by giving customers more

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

Imagine: You’re shopping through your favorite mobile app. You find an item you want to buy and are ready to checkout. Then, the app alerts you

We’re in the midst of another holiday season, which means holiday shopping and a whole slew of projections and data that accompany it. Both have

Everyone would agree that fraud is bad. Everyone except those committing the fraud.

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.

The popularity of mobile shopping is huge. You can shop anywhere your phone has signal. On the bus while commuting to work, waiting in line for

Chances are you can’t use an online system without providing some sort of proof that you are who you are. In fact, you’d be hard pressed to buy

With the extreme popularity of smart phones and the ever increasing desire to function on-the-go, people are turning more and more to mobile