Log inRegister

Fraud News


CTS North America, a division of CTS Electronics, a global provider of automated systems for payments, document processing, cash recycling and deposits, and Financial Crimes Services (FCS), a check fraud and accountability solutions provider, have joined forces to fight fraud.
Under the terms of the alliance, FCS’s SNARE software customers can use the ID Card Reader-equipped CTS check scanners to scan government-issued identification cards and verify their authenticity. This enables law e
...


UK payment fraud prevention company ReD and payment services provider Sage Pay have partnered to provide UK e-commerce businesses with fraud prevention services which enable merchants to accept e-commerce and m-commerce transactions.
As a result, Sage Pay customers will gain access to ReD's ReD Shield fraud prevention solution. ReD Shield is a multi-dimensional solution which combines fraud prevention technology with fraud analytics to provide fraud screening capabilities. Sage Pay has revealed
...


The Only Service of Its Kind: 3dcart’s Free Fraud Protection Service Uses Feedback from 16,000 Merchants to Take Action Against Counterfeit Purchases
TAMARAC, FL (PRWEB) September 27, 2012
Taking cues from ‘community watch’ groups, a new scoring service uses the power of community to protect online merchants against fraud. More than 16,000 internet retailers provide the information to power 3dcart’s new ‘Community Alert’ feature, a free service that calculates risk based on the experience of other
...

How the high-tech mantra of “automation and innovation” helps a multi-tiered global fraud ring target high net worth businesses and individuals. Building on established Zeus and SpyEye tactics, this ring adds many breakthroughs: bypasses for physical multi-factor authentication, automated mule account databases, server-based fraudulent transactions, and attempted transfers to mule business accounts as high as €100,000 ($130,000 USD). Where Europe has been the primary target for this and other fi...

COLONIE — Bob Sobeck didn't need to call on his training as a former sheriff's deputy to know there was fraud afoot when he opened his small nonprofit group's credit card statement in November."I looked at the bill and saw a charge to China," said Sobeck, the executive director of the Alfred Housing Committee in Allegheny County. "And the farthest east I'd been was Albany."Specifically, The Desmond Hotel and Conference Center on Albany Shaker Road.Sobeck, who had been in town a month earlier for...

There is some likelihood that your credit card number is for sale in a dark corner of the Internet. The selling price? As little as $3.50 per number. On Tuesday, a huge crackdown on a international credit card fraud ring revealed just how sophisticated -- and prevalent -- virtual credit card and identity theft has become. Does this mean consumers should be paranoid about the prospect of some kind of credit card fiasco? Financial service companies say customers should not worry too much about...

Cybercrime's Impact on Payments BayPay Event - Santa Clara, CA Dear BayPay Member, Join us for our next event! Topic: "Cybercrime's Impact on Payments" Time: June 12, 2012, 6:00p.m. to 9:00 p.m. Location: SVB, 3003 Tasman Drive, Santa Clara, CA Before we start: 1. Finovate Spring 2012 is now wrapped up. Check out our tweets @danielchat 2. You can now download The BayPay Forum Mobile App from the Android Marketplace  3. We have created a complementary group reserved to the attendees of this ev...

By ROBIN SIDEL And ANDREW R. JOHNSONGlobal Payments Inc., GPN -9.06% which processes credit cards and debit cards for banks and merchants, has been hit by a security breach that has put some 50,000 cardholders at risk, according to people with knowledge of the situation.The full extent of the breach couldn't be determined, one of the people said. It wasn't immediately clear if cardholders have been hit by fraudulent transactions.Representatives of Global Payments, based in Atlanta, couldn't be...
  1. The Dumbest Things Americans Did With Their Credit Cards In 2011
  2. NY men charged with using fake credit cards at Limerick stores
  3. National Consumer Protection Week 2012
  4. The Google Wallet Hack Is Not The End Of The World (Or Even NFC) As We Know It [Update: Google Reacts]

Page 349 of 354