PULSE, a Discover Financial Services (NYSE: DFS) company and operator of the PULSE debit network, has agreed to an extension of its partnership with global analytics software provider FICO (NYSE: FICO ...
Debit cards are as vulnerable to theft as credit cards and offer limited fraud protection. Depending on how soon you report the fraud, you could be responsible for up to $50 in unauthorized ...
OKLAHOMA CITY (KFOR) – Tinker Federal Credit Union’s fraud detection systems have alerted on unusually high numbers of attempted debit card fraud. TFCU claims this is not a breach of their system, but ...
Fraud detection is defined by a structural imbalance that has long challenged data-driven systems. Fraudulent transactions typically account for a fraction of a percent of total transaction volume, ...
In October, MasterCard Worldwide announced plans to create a PIN-debit fraud-detection network. At the same time, Fair Isaac Corp., whose Falcon fraud-detection system is used by many of the ...
MasterCard Worldwide will introduce in the first quarter of 2007 a new service to help banks and other card issuers detect and stop PIN-based debit card fraud in real time. The service is being ...
Bob Haegele is a freelance writer specializing in topics such as insurance, investing, and credit cards. His work has appeared on Business Insider, CreditCards.com, and other nationally recognized ...