U.S. ATM Fraud Climbed 10% in 2017 — Is That Good?
As FICO reported today, there was a 10% increase in the number of payment cards compromised at U.S. ATMs and merchants in 2017.
TJ Horan
TJ Horan is vice president of Product Management at FICO, leading the Solution Product Management team for Lifecycle Products. TJ began his career with DuPont, where he helped design and maintain Expert Systems for process control. Since then, TJ has held a variety of technical and management roles in the fields of analytics, fraud and risk management, and decision management at industry leading companies such as HNC Software and SAS. TJ holds a B.S. in computer science and a M.S. in statistics, both from the University of South Carolina.
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Fraud and Payments Predictions 2018: The Wallet Diet
I'm forecasting that in 2018, my wallet will become slimmer as physical (plastic) credit cards are replaced with payment apps on my smart phone.
The Fraud Consortium: 9,000 Heads Are Better than 1
In terms of detecting fraudulent card transactions, there’s only one data source that offers the most predictive power, hands down: other card transactions, and lots of them.
Mobile Payments Fraud: How Strong Is Your Defensive Line?
Will banks bolster their defensive line with additional mobile payments fraud protections, driving further adoption?
FIS Award Shows How Communications Can Stop Card Fraud
Response rates have dramatically improved from hours or even days to 11 minutes on valid transactions and 31 minutes when confirming card fraud.
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