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Biometric Update: Detecting and preventing mobile wallet fraud

October 29, 2015 -- Detecting and preventing mobile wallet fraudA guest post by Ryan Wilk, Vice President of Customer Success at NuData Security discussing mobile insecurities and behavioral biometrics. Forrester Research predicts that mobile payments will total $90 billion in the U.S. by 2017, a huge increase over the $12.8 billion consumers spent in 2012. This significant growth speaks to the increasing adoption of this payment method. There are two types to choose from. One type works through contactless technologies such as

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InfoTech: Find Out Who’s Misbehaving to Stop Online Gaming Fraud

October 28, 2015 -- Find Out Who's Misbehaving to Stop Online Fraud A guest post by Ryan Wilk, Vice President of Customer Success at NuData Security discussing stopping fraud in the online gaming industry. Unlike other online businesses, the online gaming industry has security challenges particular to its industry. Whereas other e-commerce businesses sell an item to a buyer and typically enjoy a predictable income stream, online gaming, whether it’s pay-for-play card games or traditional betting, is more erratic in terms of the flow

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The Silicon Review: User Behavioral Analytics combined with Biometrics and Machine Learning: NuData Security

October 8, 2015 -- User Behavioral Analytics combined with Biometrics and Machine Learning: NuData Security NuData Security predicts fraudulent transactions by identifying good users from bad based on their online behavior. By studying over 20 billion behaviors annually, NuData harnesses the power of behavioral and biometric analysis, enabling clients to predict fraud with 99% accuracy, allowing them to predict fraud before a critical decision, reduce customer insults, and investigate bad actors efficiently. As the number of data breaches increases –

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Payments Source: Behavioral Analysis Can Ease Mobile Security Fears

October 16, 2015 -- Behavioral Analysis Can Ease Mobile Security Fears Ryan Wilk, NuData Security Director of Customer Success explains how behavioral analysis can ease mobile security fears in this Payments Source article. As mobility has become embedded in the world’s cultures, issuers are feeling the heat to create their own mobile apps, but in an era of non-top data breaches and increasing identity theft, security fears abound. Due to the way that mobile apps are currently configured, they store

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Mobility Techzone: Mobile Wallets: The New Fraud Frontier

October 13, 2015 -- Mobile Wallets: The New Fraud Frontier Mobile wallets are enjoying increasing adoption. Payments made via mobile devices in the United States are expected to total $90 billion by 2017, a big jump from the $12.8 billion spent in 2012, according to Forrester Research. There are two different types of mobile payments. The first type works through contactless technologies such as Near Field Communication (NFC) built into mobile phones. In the case of contactless technologies, the payment

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