Tag: Sift
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Payment fraud attack rate across fintech ballooned 70% in 2021
The increase in payment fraud also correlated with massive 121% growth in fintech transaction volumes on Sift’s network year-over-year, …
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Sift Acquires Passwordless Authentication Pioneer Keyless to Provide Secure, Frictionless Authentication
Biometric authentication innovator eliminates password-based account takeover and enables PSD2 Strong Customer Authentication while …
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ATO attacks increased 307% between 2019 and 2021
Sift released a report which details the evolving methods fraudsters employ to launch account takeover (ATO) attacks against consumers and …
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Entrust and Red Sift simplify adoption of email sender authentication based on BIMI standards
Entrust announced an expanded partnership with Red Sift to simplify and streamline the adoption of strong email sender authentication based …
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Fraudulent content has a direct impact on consumer loyalty
Scams accounted for 59% of blocked user-generated malicious content during the first quarter of the year, according to a Sift report. The …
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Fraudulent purchase attempts value increased 69% in 2020
The average value of fraudulent purchase attempts increased 69% in 2020, a recent Sift report reveals. Also, several business categories …
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As ATO attacks surge, consumers expect merchants to protect them from fraud
Attempted account takeover (ATO) attacks swelled 282 percent between Q2 2019 to Q2 2020, Sift reveals. Likewise, ATO rates for physical …
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