Implementing stringent security measures is essential for preventing fraudulent purchases and safeguarding the integrity of online transactions. People regularly shop online these days on e-commerce sites because of convenience. There is a huge variety of items, more than what you can find in a physical store. The large number of […]
New Report: Anonymous Proxy Report
A new report, called the Anonymous Proxy report, has been added to the merchant area. This report allows merchants to gain insights into the anonymous proxies detected in order transactions to help them in fraud prevention. The report provides the following information: The advantages of the Anonymous Proxy Report are: […]
Enhancing fraud detection through distance measurement technique
Fraudulent activities can have a significant impact on businesses and individuals, leading to financial losses, reputational damage, and a loss of trust. To effectively combat fraud, it is crucial to incorporate distance measures into your fraud prevention strategy. By leveraging the concept of distance, you can enhance your ability to […]
How to block Prepaid Card in FraudLabs Pro
A prepaid card, also known as a prepaid payment card, is a financial tool that allows cardholders to load a specific amount of money onto the card before using it for purchases or transactions. The card operates similarly to a debit or credit card, enabling users to spend up to […]
How does an IP address contribute to fraud detection?
Fraud has become an increasingly prevalent concern in today’s digital landscape. As technology advances, so do the methods employed by fraudsters. To combat this, businesses and organizations have turned to various techniques, one of which is the use of IP addresses for fraud detection. What is an IP Address? Before […]
FraudLabs Pro supports 8-digit Credit Card IIN/BIN code
Starting in April 2022, credit card companies will begin issuing cards with a new 8-digit Issuer Identification Number (IIN) code or BIN code. This change is in response to the rapidly growing number of credit card users and the need for more unique identification codes. The new 8-digit IIN/BIN code […]
Beware of Disposable Phone Numbers
So, what are disposable phone numbers? These are virtual phone numbers that are not permanently assigned to a specific individual or device. Anyone can purchase a temporary number from a service provider online. It is not tied to a physical SIM card or phone line contract. Users of these phone […]
Payment gateway worldwide
Ever bought anything from a website? Wondered how the website actually accepts payment? All the payment related functionality in a website is thanks to the payment gateway. Payment gateway is a merchant service that authorizes credit card or other forms of payments on behalf of the merchant. This 3rd party […]
How to approve Bitcoin payment type?
The power of the FraudLabs Pro fraud screening service is due to the use of multiple components that are working in concert for highly effective fraud detection. One of these components is the custom rule feature that merchants on the FraudLabs Pro service can use to determine how to flag […]
mCommerce fraud:What is mCommerce and fraud protection
mCommerce is a channel that is growing rapidly for consumers to buy and sell products. mCommerce fraud a.k.a. mobile commerce fraud is becoming a serious problem for online merchants. People spend more time on the move these days; whether for work or leisure or just plain commuting. Hence, mCommerce is […]