Fraudsters target home buying, Medallion loan defaults surge, Visa on meeting the biometrics challenge.

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January 2, 2018

Global Fraud Index Podcast

Power Tool Pirates: How Fraudsters Are Targeting Their Favorite Industries
 

Fraud is rampant in the furniture, appliance and home improvement industries. Surprised? In this episode of the Global Fraud Index podcast with Karen Webster, Sourabh Kothari, director of merchant advocacy at Signifyd, shares three different stories about how fraudsters are leveraging merchant vulnerabilities in these spaces — and why eCommerce growth in these once physical-retail bastions comes with mixed blessings.

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Alt Lending

What 2018 Will Mean For Marketplace Lenders
 

Good riddance. The year that just wrapped wasn’t exactly smooth sailing for marketplace lenders Prosper, OnDeck and Lending Club, who struggled this year under the overhang of a skeptical investor unconvinced of the staying power of the model. But these lenders say they are ready to turn the page, and help marketplace lending live up to the hype that defined its many headlines a few short years ago.
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Integrated Payments

For ISVs, An Integrated Approach To Integrated Payments
 

TSYS’ VP, Matt Morrow, tells PYMNTS that opportunities abound for independent software vendors (ISVs) seeking to offer integrated payments solutions to merchants. And merchants, in turn, can boost sales and consumer stickiness with innovative payment options demanded by their end customers. The key is to develop a dedicated partnership based on technology and communication.

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Biometrics Authentication

Consumers Want Biometrics – How Will Payments Respond?
 

Perhaps the only silver lining to emerge from the Equifax data breach is that the world — including consumers — is now united on the need to ditch knowledge-based authentication when it comes to keeping account data secure. Visa’s SVP of risk products and business intelligence, Mark Nelsen, told Karen Webster why consumers now have such a keen interest in using biometrics as an authentication technique, where issuers are starting to show interest and why the deployment of biometrics isn’t moving nearly as quickly as anyone might like.

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