Jayan Tharayil's blog


What Fraud Will Look Like In 2020: Get Set For Another Crucial Year

Over the past 12 months we’ve seen online fraud continue to evolve. E-commerce merchants, financial institutions and other organizations are pushing ahead with efforts to streamline business processes and deliver seamless customer experiences. But these initiatives continue to provide new…

Jayan Tharayil Dec 18, 2019

Online Fraud Is Getting Smarter: Firms Must Respond In Kind With Behavior-Based Tools

Digital transformation initiatives across the globe are generating billions of dollars, with the analytics segment alone expected to reach an estimated $74 billion this year.1 But while organizations focus on getting closer to their customers with innovative new services, and…

Jayan Tharayil Dec 11, 2019

Going Mobile: How Businesses Can Meet Customer Demands While Keeping Fraud At Bay

The mobile economy is surging. In the US alone, retail sales via mobile devices are predicted to soar from just over a third of all e-commerce sales (34.5%) in 2017 to reach over half (53.9%) by 2021, according to Statista.1 Yet…

Jayan Tharayil Dec 03, 2019

New Info-Stealers Highlight Rising Fraud Risk For Retailers This Cyber Monday

Global fraud is the enemy of the digital retailer. It eats into margins, slashes profits and threatens to undermine hard-won customer loyalty. As online merchants gear up for the crucial holiday season sales period, there is reason to be concerned. Bad guys are…

Jayan Tharayil Nov 20, 2019

How Machine Learning Can Unlock Value For Fraud And Risk Professionals

At Simility, we often talk about the need for machine learning-powered systems to combat a new wave of sophisticated digital fraud. But what exactly is machine learning – and how can it be leveraged to provide an advantage over legacy…

Jayan Tharayil Nov 07, 2019

Do You Have a Legacy Fraud Solution? Here Are Eight Tell-Tale Signs

It’s no secret that fraud is on the rise, fueled by persistent data breaches, and the widespread use of anonymizing technology and automated account takeover tools. Over 14 million consumers fell victim last year, and this estimate by Javelin Strategy &…

Jayan Tharayil Oct 16, 2019

New Data Breach Milestone Should Focus Minds on Data-Centric Fraud Prevention

Data breaches come so quick and fast these days that both consumers and businesses are in danger of becoming desensitized. In August alone, tens of millions of customer records were compromised after two online apparel companies were hit. This, supposedly,…

Jayan Tharayil Oct 02, 2019

Mastercard’s New Fraud Monitoring Program: Another Reason to Invest in Adaptive Decisioning

Card fraud is a constant challenge for modern businesses. Any organization accepting card payments online is exposed to chargeback losses, customer churn, brand damage and the many other financial and reputational impacts of internet-based scams. Yet businesses not only have an…

Jayan Tharayil Sep 25, 2019

As Visa Lowers its Chargeback Ratios Merchants Need More Effective Fraud Management

Fraud prevention is an increasingly important part of running a modern business. If you accept online card payments, the chances are your organization will be exposed to digital scams. The cost of fraud can extend well beyond lost sales to…

Jayan Tharayil Sep 17, 2019

Driving Improvements in Fraud Prevention As Threats Grow in Sophistication  

As the world digitizes, organizations and their customers are increasingly exposed to internet fraud. It’s the price we are paying for unfettered online growth. But it doesn’t need to be this way. Anti-fraud solutions have evolved over the years, from…

Jayan Tharayil Aug 02, 2019