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Credit Card Verification 101: Fighting E-Commerce Fraud + Protecting Your Business

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Online Security Trends to Watch in 2023

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Identity Theft

Child Identity Theft The Numbers

One of the most important things a person can do to combat id fraud is to monitor their credit report as a fraud prevention…
Legislation

Legislation Introduced to Remove Social Security Number from Medicare Cards

The Social Security Number Protection Act, which was signed by President Barack Obama in December 2010, Prohibits federal, state, or local agencies from: (1)…
Security

Military Health Insurance Has Knowledge-Based Authentication Information Data Breach

TRICARE, the health insurance company that provides medical coverage to military personnel, military retirees, and their dependents, reported a data breach. The Science Applications…
Fraud Prevention

Dwolla Payment Processing

The San Francisco Chronicle had an article last week about a payment processing company called Dwolla. Based out of Des Moines, Iowa, Dwolla enables…
Security

New FFIEC Guidelines Time to Layer

The FFIEC just released a new set of supplemental guidelines for security measures to thwart identity thieves in the financial industry. The focus seems…
Fraud Prevention

Social Security Number Overload Creates Gap in Fraud Prevention

With the constant economic struggles, businesses are always looking for any pennies they can pinch in their upcoming budgets. It may be very tempting…
Fraud Prevention, Legislation

Increase Funding for Fraud Prevention: Whats the Allocation?

As if the industry has not heard enough about the FFIEC Authentication Guidance, recent studies state that only 11% of banks and credit unions…
Identity Fraud, Internet Fraud

Identity Fraud on the Rise from 2011

In a recent study conducted by Javelin Strategy and Research, it reflected that identity fraud has increased 13% from 2011. One contributing factor to…
Fraud Prevention, Security

Rapid Growth in Mobile Banking Increases Security Risks

As mobile banking continues to grow in popularity, financial institutions and businesses are reassessing the risks that come hand in hand. Despite the new…
Fraud Prevention

EVS Goes Back to the Future with MWAA

EVS was delighted to have the opportunity to attend the Midwest Acquirers Association Annual Conference this year. With the conference being held in Chicago,…