| Cleveland Fed yanks alt lending study, PayPal integrates with Acorns, Why fraudsters now like account takeovers. | | | Account Takeover: An Evolution In eCommerce Fraud
Stolen financials are still fraudstersâ favorite strategy â however, account takeover is growing at an alarming rate. And, it will likely get worse before it gets better. In a new podcast series with Karen Webster, Signifyd director of merchant advocacy Sourabh Kothari discusses why account takeover has become so popular and what segments itâs hitting the hardest. Read More... |
| Why The Cleveland Fed Pulled Their Online Lending Study
A week ago, we reported about a tale of two independent Fed reports on the impact of online lending on consumers. The Cleveland Fed study reported the impact to be bad, and the joint report by the Chicago and Philly Feds said it helped creditworthy people get access. A week later the Cleveland Fed pulled the report. Karen Webster spoke with Lending Clubâs head of government relations, Richard Neiman â whose data the Philadelphia and Chicago Fed used â about why the confusion between the Fed studies is a symptom of the confusion that exists more broadly about online lending and its place in the credit market.
Read More... |
| Fighting The Friendly Fraud Fight
Card not present (CNP) fraud is on the rise. And fraudsters arenât the only ones to blame. Thereâs also a danger tied to âfriendly fraud,â a $331 billion problem decimating revenues and trust in the eCommerce ecosystem, as Keith Briscoe, chief marketing officer at Ethoca, tells PYMNTS. Read More... |
| | Intelligence of Things (IoT) Tracker™ | | NEW REPORT: Using IoT To Fix Things Before They Break
If it ainât broke â then use IoT to fix it before it breaks. In Novemberâs Intelligence of Things (IoT) Trackerâ¢, Bell and Howell CEO Ramesh Ratan and VP Don Bullock explain why companies are rushing to embrace IoT to fix machines before they break to keep their businesses running 24/7. Find that, plus headlines on the first 5G-ready antenna, Amazonâs in-home delivery, automated adaptive automobile security and more from around the IoT space â including a scorecard of 239 industry players â all inside the Tracker. Read More... |
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