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…

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…

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…

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…

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…

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 &…

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,…

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…

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…

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…