Bot vs. Bot: How Artificial Intelligence both drives and fights fraud
There is an arms race underway between hackers that use AI to commit fraud and the "white hat" AI that can be used to fight back.
There is an arms race underway between hackers that use AI to commit fraud and the "white hat" AI that can be used to fight back.
The global video game industry is absolutely massive, with gross revenues projected at $385 billion for 2023 alone. To put that into perspective, the ever-glamorous movie industry pulled in a global box office worth only about $26 billion in 2022 [...]
For businesses big and small, cybersecurity is crucial. Lax security practices not only create vulnerabilities but can also result in fines from authorities and potentially even lawsuits. Phishing can lead to fraudulent transactions, which can lead to chargebacks.
EMV chips have made it virtually impossible to spoof physical cards, but these chips do little to prevent card-not-present fraud. eCommerce entrepreneurs commonly believe that skimmers are a brick-and-mortar problem. However, they're now more vulnerable to skimming than card-present merchants ever were.
AI is a scary-powerful tool that is now widely adopted and well-adapted to fight fraud for merchants. But as effective as AI may be, it's not a stand-alone solution to fraud. Examine the advantages and disadvantages of top 5 solutions.
How to stay ahead of the Contactless Payments craze.
With the rise of mobile wallet usage, there has also been an increase in mobile wallet fraud. As a retailer, it's important to understand this type of "contactless fraud" and take necessary precautions to protect your business and your customers.
These days, criminals like to play the role of Grinch, stealing from businesses and consumers alike. Businesses need to know what to watch for, so let’s take a gander at some of the most common holiday scams and criminal activities.
The Metaverse is building the internet as an "experience." Fraudsters are currently "experiencing" ways to perpetrate scams on merchants and it’s only a matter of time before they succeed.
Crypto provides unrivaled authentication and security in transactions, but there are some things you should consider before jumping on the bandwagon.
Let's get you asking the right questions to determine where manual review can effectively assist your fraud prevention.
Shopify is all-inclusive storefront solution for eCommerce merchants. It's super-easy to set up and use. For some merchants, that simplicity can create major complications with disputes and chargebacks.