Category Archives: Fintech

Leverage AI Enabled Approach As CNP Becomes the Norm

Retailers are set to lose $130 Billion in digital/ CNP (Card-not-Present) fraud between 2018 and 2023 due to increasingly complex approaches adopted by fraudsters and slow adoption of advanced fraud prevention solutions by retailers. It is easier than ever to buy card details online as such details are being compromised on regular basis further facilitating

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FRED®: Harnessing the Power of AI for Robust Fraud Prevention

Quatrro Processing Services (QPS) is exhibiting its suite of advanced fraud prevention solutions at CUNA GAC 2019, Booth # 634 from March 10th to 14th, 2019 between 10 AM to 11 AM (GMT). This year, QPS showcases AI driven Fraud Reduction Early Detection (FRED®) Platform, enabling real-time cross channel fraud detection, monitoring and case management

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Avoid Fraud Traps To Boost Your Profits In 2019

The frequency of cyber thefts, hacks, and fraud are increasing at an alarming rate projecting a highly challenging future. Rising and more frequent data breach incidents are taking headlines globally. Big names like Microsoft, Paypal, Netflix were the top targets for phishing attacks in 2018. Ever sharpened tools used by fraudsters have been impacting businesses

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Decrypting the Cyber Monday Fraud Risk

Monday, 26 November is one of the most awaited Online Shopping Days of the Year and it’s just around the corner. It is the time that everyone waits and while you free your purse strings for buying your favorite gadget, tool, and various products available at mega discounted prices. While eCommerce and mobile payment volumes

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Podcast: Bridging Security Gaps In Contactless Payments With Sriram Natarajan Of QPS

The contactless payment terminals market is projected to reach $28.7 Billion by 2023. With evolving payment challenges, businesses need to guard against fraudulent transactions. In a podcast interview with Information Security Media Group (ISMG), Sriram Natarajan shares his views on contactless payments and why it is imperative for businesses to balance security with customer convenience.

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QPS’ Full Service Payment Gateway for Increased Sales with Minimal Chargeback

Enabled by advanced technology, the continued year on year growth in online shopping has been fueled by consumer’s demands for greater convenience and value. For businesses, this trend poses both significant challenges and opportunities. Today, consumers are shopping round the clock and virtually from everywhere. In a truly global online marketplace, products can be easily

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$40 Billion Dish Of Online Fraud, Served Cold To Businesses Annually

In a world of digital transactions and open communication, payments habitat is vulnerable to credit card fraud. Credit card fraud can be disruptive to an organizational framework, damaging a business’s credit report and can often be taxing for a company to investigate its root cause. To avoid premature discovery, fraudsters engage in low-level testing also

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5 Cyber Security Trends Set to Impact the Payment Industry in 2018

As cyber threats continue to dominate the payment industry, organizations are constantly in search to protect their data from breaches and other malicious activities. In the year 2017 – A stark rise in cyber-attacks was observed, a proof of impending dangers a clear indicator of what lies in store for 2018. A recent study predicted

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upcoming event thanksgiving day 2017 USA

Harvest Fraud Prevention Strategies This Thanksgiving

Americans are set to fire up their credit cards, spending billions of dollars in the shopping frenzy of this holiday season. Thanksgiving 2017 – November 23rd is just round the corner and fraudsters are expected to scrounge on merchants. This not only includes merchants that accept credit card payments online but also over the phone

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What Quatrro Brings For Business At Money 20/20, 2017?

Consumers are investing most of their spending power in the digital space, purchasing goods and services via the online and mobile channels that they have traditionally bought in brick-and-mortar locations. As spending patterns have evolved, fraudsters have shifted their focus on digital merchants and developed new techniques to exploit the online and mobile channels. Currently,

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