How to Incorporate Dynamic Digital Data and "Unstealable" Data Attributes in Fraud Prevention
Dec 10, 2019
Unlike static data -- such as a name or Social Security number, which does not change -- or credit bureau data -- which relies on periodic consumer updates -- dynamic data elements cannot be spoofed and constantly give clues as to whether consumers are in fact who they say they are. Dynamic data is not a silver bullet, but when used in combination with other types of data, it significantly increases the efficacy of fraud prevention and the ability to identify good customers. This paper examines three key fraud patterns and seven types of authentication along with important insights on leveraging dynamic data as part of a risk mitigation strategy.
Some content is hidden, to be able to see it login here Login
Jan 24, 2024Disrupting Fraud in the Age of AI: The New Wave of Prevention Techniques, Presented by AtData In this webinar, AtData and nSure.ai – two unique organizations with a focus on fraud prevention – explore how AI can, and is, disrupting the traditional approaches. Join us as we unravel the intricacies of fraud detection, mitigation, and prevention with the help of advanced AI and machine learning.
Sep 13, 2023Fraud-Free by the Holidays Join Vesta’s very own Chief Product Officer, Hrishi Talwar and VP, Machine Learning Engineering, Jack Kohoutek, as they discuss the eCommerce fraud landscape (threats and trends) and the strategies merchants should be taking to prepare for this holiday season.
Oct 24, 2023The Future of Clicking Pay: The Challenges and Opportunities of Honoring Consumer Choice MRC co-leaders will provide an overview on activities in APAC over the past year including highlights from the MRC payment methods report for SEA and APAC, and things to focus on in payments and fraud prevention for the year ahead.
Dec 05, 20222022 Southeast Asia Digital Commerce Insights While the region’s recovery after a turbulent period is well underway, businesses now find themselves in a more complex environment. How nimble and flexible is your business in adopting new payments to stay on top of market shifts and fraud risks? See how you compare.
May 17, 20222022 MRC Global Fraud and Payments Survey This illuminating report, produced by the Merchant Risk Council, Cybersource and Verifi, provides the latest industry fraud trends, fraud management methods, and payment strategies used by merchants globally, along with a robust set of performance benchmarks that can help with the optimization of payments and fraud management and prevention practices.
Dec 05, 2023Sift - How Favor Delivery achieved growth while reducing risk Favor Delivery, the on-demand delivery service in Texas, successfully addressed challenges through strategic solutions. By implementing automation and utilizing Sift Insights, the platform achieved a remarkable 77% reduction in chargebacks, resulting in a notable 3.5x return on investment. This proactive approach not only curbed fraudulent activities but also saved 300 hours in manual review monthly, showcasing Favor Delivery's commitment to efficient and secure operations.