Holidays Saw Big Increase in eCommerce and Fraud Attempts

The 2015 holiday shopping season saw a huge increase in eCommerce transactions, but also a concerning jump in fraud attempts, according to a recent report from ACI Worldwide. In 2014, 1 out of every 72 online transactions was a fraudulent attempt. … Continue reading

Online Retail Fraud Attempts Jumped 30% in Past Year

As consumers and retailers prepare for the holidays, both groups need to be vigilant against fraud. A new study found that online retail fraud attempts have increased by 30% in the past year. In transactions where cards are not present (CNP), 1 out … Continue reading

Protecting Against Credit Card Fraud

Credit card fraud has unfortunately become an every day occurrence, not just in this country but around the world. A 2012 global study by ACI Worldwide and Aite Group shows that one in four respondents have been a victim of … Continue reading

1 in 4 cardholders globally have been victimized by fraud

One out of four consumers from 17 countries worldwide have been victims of credit, debit or prepaid card fraud, according to a survey conducted by the payments system company ACI Worldwide. The 2013 Global Card Fraud Survey is based on interviews … Continue reading Weekly Credit Card Update October 26

Credit Card Settlement Could Stymie PayPal's Retail Plans A provision within the hotly-contested settlement between merchants and credit card networks could potentially slow PayPal's bid to become more widely accepted at grocery stores, restaurants and other retailers. Retailers that choose to … Continue reading

Protecting Credit Cards and Bank Accounts from Hackers

Data breaches and credit card fraud are becoming common occurrences. Yesterday's revelation that hackers stole credit card information from 63 Barnes & Noble stores is just the latest reminder. Credit card fraud is not just isolated to the United States. … Continue reading