IF Insights: Australia’s big fight against scams
Australians lost a record USD 3.1 billion to scams in 2022, according to the Australian Competition and Consumer Commission...
Tag : fraud
Start-up of the Week: Prelude & the art called fraud-resistant SMS verification services
Using Prelude, a business can send verification messages at scale without paying for spam or added mark-up, while cutting down costs by 40% with the smartest SMS API...
Scam alert: Americans lose USD 8.8 billion in 2022, expert issues warning for 2023
The prevention of car warranty scams lies in ignoring such calls...
Ecommerce: Fraud by customers on the rise
Buyers increasingly using chargeback option to get refund for their products Suparna Goswami Bhattacharya October 3, 2016: Online merchants are facing a new problem — fraud by customers. Firms are increasingly facing malicious activity in the form of chargeback or friendly fraud. According to Visa, chargeback fraud has been growing at around 41% every year,...
Jumio reports 65% growth in recurring revenue
There is more than 50% increase in deals YOY August 1, 2016: Jumio, the leading digital ID verification company, announced record results for Q2 2016, with a greater than 65 per cent growth in recurring revenue year-over-year, and a record 30 million transactions completed to-date. Jumio’s customer base continues to expand, closing more deals than...
Cifas appoints a new chairman
Lady Barbara Judge will take up the role in September May 31, 2016: Cifas, the UK’s fraud prevention service, announced the appointment of Lady Barbara Judge as the organisation’s new chairman. Lady Barbara will officially take up the role in September 2016, when she succeeds the outgoing chairman, Ken Cherrett, who is standing down after...