Kount Blog
Blog Against Fraud

Greek Austerity Online and Off

Posted on Thursday, July 30, 2015

The Greek debt crisis has caused the implementation of a variety of strict austerity measures including closing banks, limiting ATM withdrawals, and banning most money transfers outside the country. These steps have drastically impacted in-person transactions as well as card-not-present (CNP) transactions alike. So how has austerity influenced online shopping among Greek citizens?

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Topics: Greek debt crisis, fraudulent transactions, cross-boarder limitations

Overcoming the Hurdles of Mobile Commerce

Posted on Monday, June 29, 2015

Good news for mobile commerce (mCommerce), but bad news for oral hygiene – almost a billion more people own a mobile phone than own a toothbrush. And while mobile device ownership around the world keeps growing, so does the opportunity to buy and sell products anywhere in the world. The number of mobile transactions is expected to reach up to three quarters of a trillion dollars by 2017. If only we could project the same growth for toothbrushes!

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Topics: mcommerce, mobile transaction types, mobile commerce

Digging Deeper Into Android Pay

Posted on Friday, June 19, 2015

The debate over whether or not mobile wallets will take off has been raging for years. But once Apple launched Apple Pay and managed to get a significant level of adoption in just about six months, people began taking the mobile wallet more seriously. It’s become a game-changer that has lit a fire among others to quickly follow suit with offerings of their own, as evidenced by last month’s launch of Android Pay. However, higher adoption rates and a growing number of options for mobile wallets have also led to a crowded marketplace and confusion among users for the best way to pay for products. Consumers and merchants alike are trying to navigate through the benefits and drawbacks of each offering. So how does Android’s latest offering compare to its predecessors?

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Topics: Apple Pay, android pay, mobile wallet

Why Merchants Are Focusing on Big Data as They Look to Detect Fraudsters

Posted on Monday, June 15, 2015

Big data holds important clues for merchants looking to track down fraudsters who are hitting their business. Retailers including Kount client Micro Center, which sells computers and electronics both through brick and mortar locations and online, are now analyzing their data, hunting for evidence of fraudulent transactions.

 

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Topics: big data for fraud, big data

Dos and Don’ts of Summer Travel – for Businesses and Consumers

Posted on Wednesday, May 27, 2015

Signs of summer have begun to emerge, making consumers eager to get out into the sun and get ready for summer vacations. Whether taking a break from school, work, or the kids, travel season will soon be in full swing from coast to coast. It’s important for merchants and consumers alike to be aware of the vulnerabilities that exist in the travel ecosystem, and make an effort to protect themselves against fraud.

 

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Topics: summer travel fraud, mobile fraud

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