Informed but Unaware: How Reliance on Data and Assumptions Fuel Fraud
Recent fraud events demonstrate how a business’ reliance just on DATA to verify customer identity can enable fraud carried out by external actors...
Posts about
Fraud Prevention Tips
UVeritech’s ULED-2000 Helps You Fight Fraud and Your Electricity Bill
Counterfeit detection continues to be one of the most crucial steps a brick-n-mortar operation can take to protect themselves against fraud....
No Retrievals, just Write Offs
This article addresses the ongoing epidemic of vehicle thefts in this country, first citing nationwide / macro statistics, then drilling down to the...
The Best Way for Your Business to Avoid Credit Card Fraud?
Just how prevalent is Credit Card Fraud today? The Federal Trade Commission’s Annual Data Book of 2020 found that credit cards were the most frequent...
Remote Car Sales – a Playground for the Professional ID Thief
The rate at which Identity Theft is growing in the United States is nothing less than shocking. Total ID theft reports filed with the Federal Trade...
How Retail Fraud Has Increased in the Wake of COVID-19
Retailers of all types face the inescapable reality that transactional fraud has been on the rise for many years. In one glaring example of this...
Identity Authentication for Banking Operations
Incumbent banking institutions have emerged out of the pandemic to a landscape scattered with innovative FinTech competitors actively trying to poach...
The True Cost of Fraud Impacting Financial Services firms and Lenders
LexisNexis (LN) recently released its Financial Services & Lending focused 2020 True Cost of Fraud Study, which points to fraud trends that will...
Empower Point of Sale Employees with Fraud-Fighting Technology
Employees tasked with running cash registers and point of sale (POS) systems are a store’s first defense against credit card, ID document and...
When do we return to the bad-old-days of normal fraud?
As of this writing in early March 2021, COVID19 vaccine deployments have given society a proverbial “shot in the arm”, granting a tantalizing view...