by Yvette Bohanan | May 12, 2022
In this episode of Payments on Fire®, Yvette Bohanan is joined by Patrick Chen, co-founder of Spec, to discuss payments risk, fraud, and the age-old question of good versus evil. Listen in to hear how organizations can combat fraud while still providing the best...
by George Peabody | Oct 21, 2021
We all know that there are risks in payments. When the controls we put in place to manage risk fail, fraud is the result. Fraud, or fraud prevention, is now an industry using many of the same tools to defeat our controls that we use to defend our payments systems. A...
by George Peabody | Dec 20, 2016
In e-commerce and mobile commerce the problem of false declines is significant, especially during the holidays. Issuers decline transactions that online merchants approve. And vice versa. In other words, the necessary process of sorting out fraud from good...
by George Peabody | Jul 7, 2016
Machine learning and the broader category of artificial intelligence are rightly attracting attention and discussion. These are powerful technologies. But, like many new technology conversations, there’s the suggestion that they can address all use cases. Maybe...
by George Peabody | Jul 21, 2015
The domain of point of sale (POS) has three legs to its security stool: EMV, point to point encryption, and card number tokenization. Card not present (CNP) merchants and issuers have the more challenging task of assembling fraud mitigation tools on their own. The...