Kount Blog
Blog Against Fraud

Rescue Your Customers from the IT Integration Line

Posted on Wednesday, January 11, 2017

Are you a payment processor, payment gateway, hosted payment page, or ecommerce platform? Does this scenario sound familiar for any of your merchant customers?

  1. Decided to do something about increasing CNP fraud costs
  2. Researched and identified an antifraud solution
  3. Now waiting to get solution deployed due to backlog in their IT department

Or even more common…

  1. Decided to do something about increasing CNP fraud costs
  2. Asked their IT department for help identifying an antifraud solution
  3. Waiting on their IT department due to backlog
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Topics: antifraud solution, Kount Central, IT Integration

Here’s to 2016, Going on 2017

Posted on Wednesday, January 4, 2017

Post-truth. Xenophobia. Surreal. Bigly. Those are just a few of the words that have summed up 2016. Regardless of your favorite word to describe 2016, it has been quite a year filled with a number of major events that will influence years to come. And just when you think 2016 was done with surprises, it drops another.

While we had so many to choose from, we highlighted the top five events that shook the year so hard, the reverberations are set to impact the financial tech industry throughout 2017:

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Topics: data protection, fraud, 2017

Ever Owned A Yahoo Account? Read This.

Posted on Thursday, December 15, 2016

By, Don Bush, VP of Marketing, Kount

Surprise, surprise!

Here we go again. When I first wrote our blog on the “Breach Bingo: The Five Stages of Breach Denial” over two years ago, even I didn’t expect to be so right and the breach disclosure news to be so horrific. In fact, if you listen closely, I think you can hear the Yahoo! guy’s voice shift from yahoooooo to yahughhhhhh.

Following Yahoo!’s disclosure in September (two years after the fact) that not only had 500 million accounts been compromised, but that the severity of the breach was also worse than they first believed (Stage 4 of the breach disclosure process), news broke yesterday that another one billion user accounts had been compromised in August 2013, making it the largest such breach in history. I think it’s safe to conclude, again, that your data is not secure and that online merchants should be taking extraordinary measures to protect themselves.

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Topics: data breach, breach, yahoo

Fraud in the Headlines

Posted on Tuesday, December 13, 2016

It seems that nary a week goes by without headlines illuminating a major breach at a retailer, government agency, or other organization. From credit card theft to unlawful access to personal information, fraud is all around us.

While Kount’s focus is providing crucial technology for online merchants, payment processors, and other card-not-present businesses to decrease fraud, we are well aware that fraud extends far beyond payments. Across the world, people and organizations are targets of fraud every day. Let’s take a look some of the recent news around fraud, and what they have in common.

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Topics: payments, fraud

Payment Processors Rejoice!

Posted on Tuesday, December 6, 2016

Kount Central Introduces New Continuous Underwriting Feature to Boost Protection Among Payment Service Providers and their Merchant Portfolios 

Here at Kount, we’re always evolving our award-winning fraud prevention tools to best protect our customers of all sizes, in real-time. We’re excited to announce that we’ve upgraded Kount Central, a comprehensive fraud protection suite for online payment processors, payment gateways, hosted payment pages, and eCommerce platforms. Kount Central was developed to protect both the payment service provider and their entire merchant portfolio, while offering new, value-added services and additional revenue streams.

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Topics: Kount Central, payment service

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