Category: Fraud Detection, Page 2

Read and learn about fraud detection with the following articles and posts by Ekata, a Mastercard company.

Identity Verification

Why you can’t rely on CPF checks for digital identity verification in Brazil

As the global economy’s transformation accelerates those that do not keep pace with this digitization will leave themselves vulnerable to fraudsters who are getting more sophisticated and taking advantage of those who are falling behind. Ironically, despite being recognized as the second most advanced country in the world by the World Bank in terms of […]

8.2.2023

Address Verification Service

Why an address verification service is for payment providers and banks

As we have outlined in previous blogs, both address verification service (AVS) and address validation service are vital to any business that serves customers online, regardless of industry. Indeed, risky addresses cause havoc due to the high costs of fraud, order reprocessing, customer service hours, customer loyalty and more. For banks, payment processors and other […]

7.19.2023

Address Verification Service

What is AVS & AVS mismatch? How address verification keeps your transactions secure

Address Verification Service (AVS) is the process of verifying the accuracy and validity of a physical mailing address. Individuals or businesses provide these physical addresses to e-commerce companies or banks. Companies and organizations that use AVS ensure that the addresses provided by their customer or clients are valid and match the information on file. AVS […]

7.12.2023

global address verification and validation

Address Verification Solution

Address validation solutions: How Address Risk API stands out

One of the big advantages of a digital economy is the ability to connect and transact around the world, regardless of physical location. Of course, this advantage brings with it some challenges for fraud prevention teams; namely, bad actors can now attack from across the globe. The ability to assess address risk through address verification […]

7.5.2023

Fraud Prevention

Four ways to bring value to your ecommerce fraud prevention team

In an ever-competitive market and in a fluctuating global economy, online retailers have to be strategic when it comes to staying on top of profit margins. Unfortunately, the only sure-fire way to improve margins is to raise prices or cut costs (or a combination of both). Since raising prices turns away customers, most online retailers […]

6.30.2023

Fraud Risk

Fraud prevention revolution: the crucial role of sales engineers in mitigating fraud risk

Did you know Burt Ward had no acting experience when he was hired to play Robin in the original 1960s Batman series? And yet, he was chosen over the more seasoned actor Peter Deyell? So, what was it that Burt brought to the table that made him stand out? Three key things: a penchant for […]

6.23.2023

Digital Identity Verification

Your complete guide to digital identity verification

As our daily lives move more online, small, medium and large companies are constantly bombarded with fraud threats. As lifestyle trends change and adapt, companies need to match the digital landscape to keep their businesses safe. Digital identity verification is one key line of defense for those conducting business online. Solutions for this task are […]

5.8.2023

Finding the best identity verification solution

Identity Verification Software

The 5 best identity verification software providers of 2024

The global economy is undergoing a digital transformation at breakneck speed, revolutionizing how we shop, access financial services, utilize government services and even consume entertainment. However, despite the convenience of a digital economy, conducting business online brings unique risks and challenges. Finding the best identity verification solution for your business is the most effective way […]

4.12.2023

Ecommerce Fraud Detection

Protecting your small-to-medium business against ecommerce fraud in 2023

It wasn’t so long ago that large, global corporations were the primary targets of fraudsters. In turn, these big fish organizations got to work, investing in full-featured detection and prevention technologies. Today, given the dramatic changes to the spending habits of consumers, with >50% increase to U.S ecommerce sales alone since 2019 and with the […]

4.5.2023