How to apply them to stay safe 24/7? PSD2 - Revised Payment Services Directive was published in 2017. It is a body of law in force with payment services in the European Union and the European Economic Area. The document came into full force in 2019. As a result, the European banking market has received a mandatory standard, which defines the mechanisms for user authentication in remote...
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Account takeover is an occasion when fraudsters get access to the real owner's account. Criminals can take over any account, including credit cards, subscriptions, bank details, email, and more. In this article, we'll explain how this happens and what to do to prevent it. Types of criminals actions after the takeover: Placing fraudulent orders using stolen dataUsing accrued loyalty points or credit fundsSelling a hacked accountSelling data...
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Chargebacks, fees, and detection techniques to understand that someone tries to deceive you The market is growing the fraud keeps up We all live in a digital world. More and more owners of different businesses transfer them online. It is more profitable and gives more opportunities for getting clients all over the world. The same thing is with shopping: an increasing number of people are choosing to...
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