Articles

Articles

The Pandemic Has Changed Fraud. These Numbers Show How.

PaymentsJournal | September 30, 2020 -- In the current COVID-19 environment, the already fluid nature of fraud has been greatly bolstered. For merchants trying to understand what the notable impacts are and how they can keep up with evolving fraud threats, the best way to understand how fraud is changing is to drill into the data – 6 months of it to be exact. This is what we did at NuData, and then supplemented it with evidence from our Trust

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How Has COVID-19 Changed Consumer Behavior, and What Does that Mean for Fraud Models?

PaymentsJournal | September 17, 2020 --Since most fraud prevention platforms analyze consumer behavior to detect fraud, a substantial change in consumer behavior can throw off the models. Therefore, with COVID-19 forcing people to change the way they work, shop, and interact with one another, fraud models need to adapt in order to stay effective. To understand how COVID-19 has changed consumer behavior and what that means for fraud models, PaymentJournal’s editor-in-chief Ryan McEndarfer sat down with Robert Capps, VP of

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This is what your traffic looks like during a pandemic

PaymentsJournal | July 9, 2020 --This is what your traffic looks like during a pandemic.With physical stores shuttered, events canceled, and tourism at a standstill, COVID-19 has reshaped many aspects of day-to-day life. As a result, consumers have been forced to shift their spending to online channels. Accompanying this uptick in online traffic has been a rise in fraud.To learn more about the current trends in online behavior and fraud, PaymentsJournal sat down with Robert Capps, VP of Market Innovation

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NuData Analyzes Behaviors to Stop Automated Fraud Attacks & Identify Fake Customers Inside the Firewall

Black Swan | April 30, 2020 --Like many people forced to working from home due to the Coronavirus, I’ve been educating myself on the subject of infectious viruses. And reading the on-line literature, I notice many parallels between the behavior of viruses and that of criminal organizations who commit fraud."Well, in this story, we turn to another vital area of identity verification: behavioral analysis. And joining us to discuss this subject is Robert Capps, VP of Market Innovation for NuData

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Don’t be fooled by Coronavirus click-baits

Security Boulevard | March 20, 2020 --What the government doesn’t want you to know about COVID-19” and other online scams."As the COVID-19 pandemic is reshaping business and daily life, there is no shortage of people who see this crisis as an opportunity to capitalize on those seeking some answers or comfort online. Cybercriminals are dusting off old tricks and adding the Coronavirus tag to increase their chances of a click, download, or purchase. Here is a summary of the scams

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