- Business Insider reports Mastercard is hoping that by partnering with League of Legends — the massively popular online multiplayer video game — it can become the go-to payments brand for those consumers.
- Mastercard is also leaning on its existing payments tech to make in-game micropayments as seamless as possible by integrating click-to-pay. The in-game, one-click checkout methods means players wouldn’t have to pause and enter payment details to recharge their in-game wallets.
- One-click checkout requires near instantaneous approvals, which bad actors often target. See how the power of Kount’s data and access to the largest data network of trust and fraud-related signals can drive quick and accurate trust decisions and prevent fraud.
- The phony driver’s license was part of an attempt to illegally receive unemployment services. However, the face swap was quickly flagged, and the resident’s efforts were denied.
- Fraudsters often try tactics like these with online purchases, which is why it’s key that businesses verify a person’s digital identity using a global network of trust and fraud signals to make quick and accurate trust decisions.
- A year of pandemic living drove U.S. consumers to spend an additional $183 billion online, according to a new study from Adobe.
- That’s roughly the amount they spent during eCommerce’s peak November-December holiday shopping season last year.
- Kount followed the changes in consumer spending habits throughout 2020. See what jumped in sales and what could be a permanent shift in consumer behavior.
- According to Equifax, the internet has made it convenient for consumers to access countless goods, but services and technology also made it easier for bad actors to commit fraud.
- But with the right fraud prevention solutions, it’s possible to curb some of those delinquent behaviors.
- Bad actors have always targeted the credit card industry. Unfortunately, the most common scams have changed as technology has evolved.
- According to a 2020 identity theft study from Javelin Research, scammers have mostly graduated from counterfeiting credit cards to more significant crimes like new account fraud and account takeover.
- Learn how Kount’s solutions can protect against new account fraud and account takeover.
- According to the Washington Post, Swiss authorities confirmed a police raid at the home of a Swiss software engineer who took credit for helping break into a U.S. security-camera company’s online networks. The activist hacker cited the attack was, in part, motivated by an effort to raise awareness about the dangers of mass surveillance.
- The “hacktivists” say they were able to view live camera feeds and peer into hospitals, schools, factories, jails, and corporate offices after gaining access to the systems of a California security-camera startup.
- Many unsuspecting items, including printers, refrigerators, or even outlets can be hacked. Listen to Kount’s Josh Johnston explain why protecting against hackers on these devices is imperative in cybersecurity.
March 22, 2021
Weekly news digest