AF Education

Auto lending fraud data exchange

First Fraud Data Exchange for Auto Industry Launches

PointPredictive formally launched today, May 30, a fraud data exchange for auto lenders at the Auto Lending Fraud Consortium Roundtable in Fort Worth, Texas. Auto lenders will be able to use the Fraud Data Exchange as a repository for sharing data from confirmed fraudulent auto-loan applications. The service is designed...Readmore

What Does Machine Learning Mean for Fraud Prevention?

Everyone in fraud prevention must have heard the term machine learning bandied about in discussions about the changing nature of their work. However, the recent hype suggests that some of the people promoting machine learning solutions are either overstating or misrepresenting what the technology is currently doing and what it...Readmore

4 Things That Set Video Game Fraud Apart

I’ve been fighting fraud for more than 15 years and before I joined my first video game company, I’d thought I’d figured it out. Fraud was nearly always about making money in the fastest way possible for the fraudster, and it was generally divided in to two categories: true fraud...Readmore
Fraud in fantasy sports Q&A

Knocking Out ATO in Fantasy Sports

Rick Skawinski, Jr. is a data analyst specializing in fraud tools at FanDuel.com, a one-day fantasy sports game website with millions of registered users that provides immediate cash payouts to winners. Rick has been fighting card-not-present (CNP) fraud for over four years, ever since his mother's identity was stolen and...Readmore

Fraudsters Hitting Online Poker with Ace Up Sleeves

Wherever there is money, there are criminals looking to take more than their fair share of the pot. Online poker sites are not the hot beds of illegal activity as some have painted them to be However, poker holds some of the most interesting and sophisticated avenues for fraud anywhere...Readmore

Insider View on Gambling Fraud

Past fraud trends in gambling The gambling sector has evolved along the years, and fraudsters have evolved with it. The old preferred fraud method used to be manually skimmed cards. These are payment cards that have their data copied over for later use when used at a target point-of -sale....Readmore

What VCR Really Means for Merchants

Visa Claims Resolution (VCR) is the biggest dispute policy update the payments industry has experienced in decades. Every stakeholder has been impacted, with requirements changing for cardholders, issuers, acquirers, and merchants. An unintended challenge of VCR is ensuring each stakeholder has the information and insight they need to comply with--and...Readmore

3 Stakeholders to Secure the Payment Chain

E-commerce is a fast-growing segment, with the business-to-consumer market in Southeast Asia expected to have expanded 28.5% to surpass US$6 billion in 4Q 2017. Today, consumers and businesses alike have moved from cash-based transactions to embrace the ease and popularity of digital payment options. Building confidence in online payments is...Readmore

Common Travel Scams Exposed

As online booking has grown in popularity, so have scams that enable fraudsters to monetize stolen credit cards. How do these travel industry scams work and just what should you be on the lookout for when booking your next big trip? Let’s take a closer look. ‘Man-in-the-middle’ fraud Many people...Readmore
PSD2 SCA fraud prevention

PSD2 to Incentivize Better Fraud Prevention

Security and trust are fundamental needs for payments.  For this reason the European Commission introduced with PSD2, its new directive on payment services, a general rule on the use of the strong customer authentication (SCA). In this article, we’ll briefly analyze what SCA is, its impact on market operators like...Readmore