iovation Establishes European User Group to Collaborate on Fraud Issues
US provider of online fraud prevention technology iovation has established a European user group to collaborate on fraud issues and the resources that can be leveraged to stop them.
Use your credit card at Target? Tips to protect yourself
As many as 40 million Target customers had their credit and debit card information stolen by thieves this holiday season, including the Black Friday weekend. Here's some tips from the Oregon Department of Justice if you think your personal information may have been compromised.
US at Mobile ‘tipping point’
“Over the last couple years, we’ve seen a dramatic increase in the use of mobile banking and now, as evidenced by our holiday shopping stats, we’re seeing a similar rise for retail,” said iovation Vice President of Product, Scott Olson. “This is a tipping point for online retail purchases.”
Large increase in mobile device use for holiday shopping
Besides tracking online retail purchases, iovation closely analyzed cyber fraud during the beginning of the holiday shopping season. According to iovation, from November 29th to December 2nd, 2013, 0.5 percent of all online retail purchases were fraudulent.
Expect heavy mobile sales the weekend before ‘Green Monday’
Fraud prevention vendor iovation also finds that mobile commerce was big last weekend. Analyzing millions of online transactions from its numerous retail clients, iovation finds that 30% of all online retail purchases from Black Friday to Cyber Monday 2013 were conducted on mobile devices.
Identity thieves target cyber Monday shoppers
iovation, based in Portland, is one of the largest online fraud prevention companies in the world. iovation’s Chief Technology Officer, Scott Waddell, said a legitimate online retailer will not ask you for your information in a confirmation email.
Equifax Partners AVS Systems
Equifax signed a deal with iovation to develop a solution to protect against fraud. The solutions will mobile users from theft, account takeover and other deceitful activities.
Cyber Monday increases risk of online scams
Karl is the VP of Corporate Development at Portland’s iovation, one of the largest online fraud protection companies in the world. He said while common sense should guide each shopper's online experience, each person must also be skeptical to be safe.
Complex scams target mobile banking customers
KGW news reports that with more and more people using online banking, especially on their mobile devices, cybercriminals are working hard to steal your money. They are diversified in the kinds of attacks that they're executing.
Fiserv, iovation to support multilayered security strategy
Fiserv, a global provider of financial services technology solutions, has selected US provider of online fraud prevention technology iovation to integrate the latter’s Device Reputation Technology into its solutions for financial services clients.