Category: Fraud

Read and learn about fraud and how to prevent it with the following articles and posts by Ekata, a Mastercard company.

Prevent ecommerce fraud 2023

Ekata

5 industry best practices to preventing ecommerce fraud in 2023

At Ekata, we have consistently detailed the evolution of ecommerce since the pandemic was first declared, an event that accelerated the adoption of online shopping by five years in North America alone. And, naturally, with such global growth and expansion comes a dramatic surge in ecommerce fraud. By the end of this year, global ecommerce […]

6.7.2023
Manual Review fraud prevention small business

Ekata

Why manual review is essential for small businesses moving online

By the end of 2023, ecommerce is expected to account for some 22% of total global retail sales. Across APAC this growth is extraordinary, with 41% of worldwide ecommerce sales coming from the region. Furthermore, despite the belief that shoppers post-pandemic would return to physical stores in droves, buyers across APAC are embracing mobile retail […]

6.6.2023
Financial Services manual review identity verification

Ekata

Financial services in APAC and SEA: Reviewing (and optimising!) manual review.

Asia Pacific (APAC) has the highest-growing fintech industry in the world with some of the biggest players in the region. Despite over 41% of the top 100 global fintech innovators originating from the region, when it comes to digital transformation and technology adoption, financial service institutions across APAC are still very much in the incremental stage. This is especially the case […]

6.5.2023
identity engine

Ekata

How Ekata's Identity Engine detects fraud in online transactions

Ekata’s Senior Product Marketing Manager Milena Babayev chats online payment fraud, understanding the Science Inside the Ekata Identity Engine, fraud prevention, risk assessments, and digital identities with the Director of Field Data Science at Ekata, Sarah Strano. Every time I make a purchase online, I often wonder how the retailer knows if I’m a real […]

3.22.2023
travel industry trends

Ekata

Post-Pandemic Travel - An Industry Bounces Back

A look into the current trends in travel and tourism.  While Covid-19 well and truly impacted every business across the globe, few sectors were hit as hard as the travel industry. Due to public health measures such as local lockdowns and tourism restrictions, travel in many parts of the world came to a standstill over […]

1.25.2023
Stop Fraudsters and Bad Actors Using Ekata and digital fraud prevention

Ekata

How to Stop bad Actors While Maintaining a Seamless UX — It’s Possible!

Let’s strike a balance between digital fraud prevention and customer experience once and for all…. As we enter year three of the global pandemic, consumers continue to transact online, rapidly expanding the digital economy and the need for digital fraud prevention. Unfortunately, fraudsters are taking advantage of this evolution in consumer behavior. As even more […]

1.18.2023
Email Address Identity Verification

Ekata

How Assessing Email Risk Can Prevent Fraudulent Acccount Opens

Last year, the number of email users reached some 4.2 billion– over half of the global population. In fact, on average, people have two email accounts; and they rarely switch email providers or change usernames. So what does this mean when it comes to your fraud risk assessment? Simple. Email-to-Name match can – and should […]

1.11.2023
Mastercard Cyber & Security Summit 2022: Roundtable Round-Ups

Ekata

Mastercard Cyber & Security Summit 2022: Roundtable Round-Ups

Cyber criminals know no borders; their modes and methods are ever-evolving. This is why collaboration should be an industry priority. We have just hosted the inaugural Mastercard Cyber and Security Summit in Australia, held in both Melbourne and Sydney. We invited industry professionals across ecommerce, financial services, fintech, and digital payments to come together and […]

11.14.2022
Fight Identity Fraud, Provide Seamless Customer Experience

Ekata

Strike That Balance: Fight Identity Fraud, Provide Seamless Customer Experience

Intersekt Panel 2022 Asks: What Are the Trade Offs?  “The bar has been raised – and expectations are even higher,” Mastercard’s Vice President of Digital Identity, Matt Bourne When it comes to seamless, immediate customer experience, consumers have been spoiled for some time now. Streaming services, car-share rides, or pizza delivery not up to scratch? […]

11.1.2022

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