Category Archives: Fraud Prevention

Decipher RED Flags to Unveil Fraud on GREEN Monday

Do you know? There is another name for the second Monday of December; it’s called Green Monday. It is the last biggest online sale of the year after Black Friday and Cyber Monday and a golden buying opportunity for the last minute holiday shoppers. Majority of retailers will start their online sales at midnight to

Read More

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

Read More

Decline Fraud Before It Gets To Checkout This Thanksgiving

Fall is upon U.S., signaling businesses to plan for one of the busiest time of the year-the holiday season. Halloween day has just passed and merchants are aware that Thanksgiving Day is just few days away, marking the craziest and most challenging time of the year in retail. The thanksgiving weekend sales extend through Cyber

Read More

Don’t Let Fraud Ruin Your Black Friday Revenue

Black Friday, the biggest shopping day of the year in the US is not just a single day event rather it is observed as a week-long shopping fiesta. Jaw-dropping discounts and attractive offers that no one can resist, make everyone shopaholic. The deals and discounts offered by in store and online retailers attract shoppers across

Read More

Drawing a Healthier Balance Between AI & Human Intelligence

There’s a lot to be vigilant about for businesses between now and the year 2020. As we migrate to a world of real-time fulfillment and digital downloads, the response time to fraud attacks is constricting. Data security breaches and scams are becoming more sophisticated with card payment fraudsters elevating their game and empowered by technology.

Read More

$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

Read More

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

Read More

Debilitating Cyber Threats To Cost Businesses $6 Trillion By 2021

The steadily rising connection of individuals, companies and countries to the Internet has emerged among the most transformative means to ignite sustainable growth. However, with every advancement in the digital world, cybercriminals have become more sophisticated in their techniques. Growth in connectivity between digital and the physical world expands the potential avenues for the rise

Read More

QPS Nominated For Best Anti-Fraud Solution Provider At CNP Awards 2018

The CNP Awards 2018 recognizes QPS for delivering exceptional fraud detection and prevention solutions to drive brand value and transform consumer experience. For the second time in a row QPS has been nominated under the category of Best Anti-Fraud Solutions for this prestigious award. The 2018 CNP Awards are held as a part of the

Read More

tax fraud prevention

In 2018, Tax Fraud Losses Are Set To Surpass $600 B

The fast mushrooming identity theft related tax fraud has emerged as the Gordian knot of the payment industry. As fraudsters scoop up consumer’s data, organizations face the challenge of optimizing consumer experience to stay ahead of the pack. Being a multi-million dollar industry in the US alone, tax fraud is expected to wipe off whooping

Read More