Card-Not-Present Fraud Report: The Merchant Empire Strikes Back
Research and Markets has announced the addition of the "Card-Not-Present Fraud: The Merchant Empire Strikes Back" report to their offering. The author's most recent research report, Card-Not-Present Fraud: The Merchant Empire Strikes Back, examines the current state of CNP fraud in the U.S. market and frames the market landscape for both online merchants and the fraud solution vendors that serve them.
iovation: Innovating with Machine Learning Leveraging Snowflake
Kurk Spendlove, Director of Engineering at iovation, shares how the leading SaaS provider of fraud prevention and multifactor authentication solutions switched from Vertica to Snowflake in order to load semi-structured data directly into the cloud data warehouse and analyze years of data in a matter of minutes.
Machine Learning is Not a One-Size-Fits-All Solution or a Cure-All: Michael Thelander, iovation
With the increased attention on fraud and cybersecurity, companies are turning to artificial intelligence (AI) and machine learning to strengthen fraud mitigation efforts to predict the trustworthiness or riskiness of an online transaction. In an effort to achieve the same, iovation, a provider of device-based solutions for authentication and fraud prevention, launched the iovationScore machine learning fraud prevention solution.
Oregon’s Most Admired Companies 2016
More than 700 of the region's most influential companies, CEOs and executive teams will be at the Oregon's Most Admired Companies luncheon on Tuesday, January 10th at the Hilton Hotel. This can’t miss awards luncheon is a celebration of the very best of Oregon business and what corporate community brings to the state. iovation is an Honoree in the Technology category, just a few votes short of making the top ten 10 list.
6 Steps to Successfully Apply Big Data for Business Intelligence
In the book extract below, Dr Rado Kotorov, chief innovation officer of business intelligence and data analytics pioneer at Information Builders shares the common criteria for creating successful InfoApps, drawing from two of the nine case studies included in his book, “Organisational Intelligence – how smart companies use information to become more competitive and profitable,” which he co-authored with Information Builders’ CEO and president, Gerald Cohen.
iovation Named a Finalist for Technology Provider of the Year in International Gaming Awards
The International Gaming Awards is supported and enhanced by well renowned industry insiders as well as gaming clients from all tiers of the gaming world. In their 2017 awards, iovation has been named a finalist for the Technology Provider of the Year.
Customer Spotlight: Battling Internet Fraud With Analytics
Learning how to monetize your data is one of the major themes of a new book by Gerry Cohen and Rado Kotorov titled "Organizational Intelligence: How Smart Companies Use Information to Become More Competitive and Profitable." iovation is pleased to be profiled in the case studies section, and our fraud prevention service represents one of the primary data monetization use cases.
How Retailers Can Fight Holiday Season Hackers
The holidays are here and while it brings out the shoppers, it also brings out the crooks. Big money will change hands. Based on early estimates from the NRF, the trade group expects retail sales excluding gas, autos and restaurants in November and December to increase 3.6% to $655.8 billion. That’s significantly higher than the 10-year average of 2.5% and above the seven-year average of 3.4% since the economy began recovering from the Great Recession in 2009.
Online Credit Card Fraud up 20% Black Friday to Cyber Monday
iovation released new data that shows card-not-present fraud increased significantly from Black Friday to Cyber Monday 2016 when compared to the same period in past years. Research shows a 20 percent increase in online retail credit card fraud during the 2016 holiday shopping weekend when compared to the same period in 2015, and a 34 percent increase in online credit card fraud from Black Friday to Cyber Monday 2014 to 2016.
Holiday Weekend Online Payment Card Fraud 20% Higher In 2016
In the face of EMV chips, criminals turned online to commit card-not-present fraud this Black Friday and Cyber Monday. Online retail credit card fraud between Black Friday to Cyber Monday was 20% higher in 2016 than 2015, according to a new study by iovation. Online fraud this holiday weekend was a 34% jump over 2014.