The Next Generation in Consumer Authentication and Fraud Prevention

Fraud risk management has become a burden in recent years, and not just because the attackers have gotten better at their game. The tools and technologies used to detect and mitigate fraud events are better, but they are also plentiful. A recent RSA survey found that 57% of organizations use between 4 – 10 different tools…

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PSD2 – Can your transaction risk analysis and strong customer authentication comply?

February 23, 2017 the European Banking Authority (EBA) released the Final Report of the Draft Regulatory Technical Standards on Strong Customer Authentication and Common Secure Communication for the Payment Services Directive 2 (PSD2). This final report heralded a welcome change in the EBA’s position on the exemption to Strong Customer Authentication (SCA) based on transaction…

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PSD2 – Can your transaction risk analysis and strong customer authentication comply?

February 23, 2017 the European Banking Authority (EBA) released the Final Report of the Draft Regulatory Technical Standards on Strong Customer Authentication and Common Secure Communication for the Payment Services Directive 2 (PSD2). This final report heralded a welcome change in the EBA’s position on the exemption to Strong Customer Authentication (SCA) based on transaction…

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Fraud Management Metrics that Drive Investment

If your role is responsible for a budget, your work ultimately revolves around one word: metrics.  It is a word we often dread, because we can never seem to get it right.  I live and breathe metrics in marketing, and if you are the gal or guy responsible for the fraud management or cyber security…

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Fraud Insights Through Integration

Another great conference at the Moscone Center in San Francisco. On the heels of RSA Conference, it’s fair to ask: When was the last time you counted the number of anti-fraud tools you are using to protect your consumer-facing environment?  Now, when was the last time you thought about the connective tissue tying data sources…

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What Peanut Butter Cups Can Teach Us About Fraud Prevention

Reese’s® Peanut Butter Cups are a “so-good-it-has-to-be-bad-for-you” treat adored by candy lovers everywhere. The combination of peanut butter and chocolate is such a classic it’s hard to remember there was a time no one thought about putting these two together. In fact, Reese’s built an entire advertising campaign around the odd couple concept. The original…

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What Peanut Butter Cups Can Teach Us About Fraud Prevention

Reese’s® Peanut Butter Cups are a “so-good-it-has-to-be-bad-for-you” treat adored by candy lovers everywhere. The combination of peanut butter and chocolate is such a classic it’s hard to remember there was a time no one thought about putting these two together. In fact, Reese’s built an entire advertising campaign around the odd couple concept. The original…

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Act at the Speed of Fraud: Take the Challenge

How fast can you find fraud?  That is the challenge put forth by the RSA Fraud & Risk Intelligence team at RSA Conference 2017. Why the emphasis on speed? Simply put, the faster an organization can isolate the source of fraud, the faster they can respond. And based on RSA’s research, there is a gaping…

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The $5 Billion Fraud Problem

When explaining my profession to people I meet, they often tell me about the time their card was “frauded.” I always enjoy this conversation, as it provides insight into the human victim element of a fraud event. The breadth of emotions typically ranges from, “How did this happen and how do we track down the…

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Defending a Decade of Phishing and Cybercrime

With holiday shopping season in full swing, many of us are feeling just like the guy in the song, “The 12 Pains of Christmas.”  I have my own two personal pains with the holidays, and I am still deciding which one is more annoying: Elf on the Shelf, or, the mountain of phishing emails I have…

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