Kount Blog
Blog Against Fraud

A Pair of Paradoxes In Mobile Fraud Prevention

Posted on Thursday, April 21, 2016

When it comes to fighting fraud, 8 of 10 organizations – merchants, acquirers, card associations, card issuers, and service providers – say it’s important to be able to detect if a mobile device is being used in an eCommerce transaction. Here’s the breakdown from the recently published Mobile Payments and Fraud: 2016 Report:

  • 43% = Very Important
  • 17% = Important
  • 22% = Somewhat Important

    82% says it’s important
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Topics: mobile fraud, mobile device, mobile payments

The Secret Sauce to Tackling Checkout Abandonment

Posted on Tuesday, April 19, 2016

Guest Author: Scott Fitzgerald, VP Marketing, Bluesnap

Checkout abandonment is a common problem on eCommerce sites everywhere, and it may be affecting your eCommerce checkout too. Merchants everywhere are losing money for reasons that can be easily solved, as long as you have the right recipe. To help you get the right ingredients for your eCommerce site, we’ve come up with a couple different mixes in order to keep your eCommerce checkout process tasting good.

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Topics: payment type, checkout abandonment, eCommerce checkout

Ac(K)ount Takeover Part 1: What is Account Takeover?

Posted on Thursday, April 14, 2016

Account takeover is as common in the fraud world as fish in the sea. While it’s been around for awhile, it’s gained significant traction as a new buzzword and one of the most popular types of fraud today. It’s become so widespread, we not only have one – but two – posts to examine how it works and what you need to beware of. Today, we take a look at what it is and how it works.

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Topics: EMV, fraudster, account takeover

Infographic: Calculating the 9 Deadly Costs of Fraud

Posted on Thursday, March 31, 2016

Do you know the 9 Deadly Costs of Fraud? This infographic quantifies them, including costs that are apparent, as well as the ones that are less obvious and can escape the notice of even the most careful observers. And while some fraud costs are not as significant as others, taken together they can punch a sizable hole in your bottom line… potentially millions of dollars (!) for large eCommerce merchants.

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Topics: mobile commerce, cnp fraud, cost of fraud

DIY Fraud Prevention: Operating Under the Influence of a Bad Strategy

Posted on Thursday, March 24, 2016

By, Don Bush, VP of Marketing at Kount

A friend of mine has been a huge fan of the TV show “New Yankee Workshop” with Norm Abram for a long time. He started out as a viewer, and then eventually began trying his hand at Norm’s do-it-yourself furniture projects. And I must say, he has built a number of really nice pieces over the years, including a Shaker Bookcase that he is especially proud of (I won’t mention any of the failed projects that turned into expensive firewood).

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Topics: manual review, decline rate, diy fraud prevention

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