Category Archives: News about Fraud

NICE Time for Fraud Prevention

Being able to identify a fraudulent caller quickly is a powerful ability when it comes to biometric fraud solutions. NICE systems have announced the launch of a real -time fraud prevention solution, that can identify 90 percent of fraudulent callers within the first few seconds of a call. By identifying more fraudulent incidents without impacting...
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Credit Card Decline Leads to Imprisonment

Imagine going out for the night, with plenty of credit on your completely legal and valid credit card (s), and ending up in jail because those same cards were rejected. That's exactly what happened in Florida to one Don Marcani, as reported by Arstechnica. After his two cards were declined, Marcani was handcuffed by police...
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Major Internet Password Theft

The New York Times reports that: "A Russian crime ring has amassed the largest known collection of stolen Internet credentials, including 1.2 billion user name and password combinations and more than 500 million email addresses".  Hold Security, the company who discovered the compromised records, will not name the victims due to non-disclosure agreements....
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Always be yourself.

Less friction. Less Fraud. That's the motto of Biocatch, that company that delivers  "behavioural authentication and threat detection solutions for mobile and Web applications."   The company has recently been included in Gartner's online fraud detection report for delivering passive biometric analysis. The behavioural aspect works by  "...by gathering and analyzing over 400 bio-behavioral,...
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