Blog | Page 3 of 13

22
Jul

Insurance Fraud: It Starts With the Lack of an Identity Check

Randall Casciello / July 22, 2026
0

Most people see insurance fraud as a time-of-claim problem not an identity check issue. A collision staged by bad actors, lost contents claim padded by non-existent belongings, a suspicious birth certificate, or a truckload of cargo that got lost after leaving the warehouse. Much of that fraud actually starts before a claim is filed — […]

17
Jul

Episode Six and Decisionly Partner to Modernize Issuer-Side Dispute Management

Ronen Shnidman / July 17, 2026
0

Episode Six, a global technology provider of enterprise-grade card issuing, and Decisionly, an AI-powered dispute automation platform, announced last week a strategic partnership to bring an issuer-side solution to market covering card infrastructure and payment dispute management. The Underserved Issuer-Side of the Market “Disputes have come up consistently in conversations with our clients for some […]

Informal value transfer system (IVTS) through clothing purchases

16
Jul

Informal Value Transfer System (IVTS): How to Launder Money Without Transactions

Urriolagoitia Miner / July 16, 2026
0

A History of Hawala and ‘Flying Money’ Many centuries ago, early human traders moved goods back and forth between China and the Middle East along a network of pathways known as the silk routes. These are often mis-named in modern times as The Silk Road, since it was not a single highway, but a widely […]

11
Jul

German Prosecutors File Charges in $345M ‘Operation Chargeback’

Ronen Shnidman / July 11, 2026
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German prosecutors filed charges last week in a EUR 300 million ($345 million) payments fraud case that affected 4.3 million credit cardholders from 193 countries between 2016 and 2021. The case, dubbed “Operation Chargeback,” provides a great window into the transnational, crime-for-hire nature of organized crime networks involved in payments fraud today. An international investigation […]

04
Jul

What Does Being AI-Native Really Mean?

Ronen Shnidman / July 4, 2026
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The software solutions market has seen over the past year a proliferation of companies and platforms that claim to be AI-native. Jeffrey Bussgang, a senior lecturer at Harvard Business School and co-founder and general partner at Flybridge Capital Partners, defines AI-native companies as the sum of their parts, particularly employees. AI-native employees “are wildly adept […]

04
Jul

Identiq Identity Verification Solution Acquired by Incode for Undisclosed Sum

Ronen Shnidman / July 4, 2026
0

Incode Technologies Inc., a San Francisco-based anti-fraud platform for identity and age verification, announced at the end of June that it had acquired Identiq Protocol Ltd., a Tel Aviv-based identity verification startup. The terms of the deal were not publicly disclosed, although Incode said in its press release revealing the acquisition that it was part […]

Mastercard Scam Merchant Monitoring Program (SMMP)

01
Jul

With SMMP, Mastercard Makes Refunds as Dangerous as Chargebacks

Ben Herut / July 1, 2026
0

Mastercard’s Scam Merchant Monitoring Program (SMMP) becomes enforceable on July 24, 2026 for every card-not-present merchant. Most of the coverage so far has treated it as a fraud rule. Read the mechanics closely and it is something else. SMMP is about economics while dressed up in a fraud prevention rule’s clothing, and it quietly rewrites […]

Share of employers reporting employee-customer collusion in friendly fraud cases.

30
Jun

¼ of Merchants Report Friendly Fraud Is Sometimes an Inside Job

Ronen Shnidman / June 30, 2026
0

Nearly a quarter of merchants (23%) report issues with employees encouraging customers to file friendly fraud chargebacks, according to a regular Chargebacks911 survey of 250 merchants. The chargeback management solution suggests that the true number is even higher, as only 38% of merchants surveyed actually monitor for this threat. Included within this category are cases […]

28
Jun

Darwinium CEO: What Happens When 95% of Your Traffic is Fraud?

Ronen Shnidman / June 28, 2026
0

Alisdair Faulkner is the co-founder and CEO of Darwinium, a comprehensive agentic security and fraud prevention platform to protect against online fraud and abuse. Before founding Darwinium, Alisdair co-founded and served as Chief Product Officer for ThreatMetrix, a digital identity and fraud prevention platform that was eventually sold to LexisNexis Risk Solutions for $830 million […]

21
Jun

AI

Managing AI Employees: Lessons for Fraud Leaders

Maya Fudim / June 21, 2026
0

In an era where payments fraud rings move faster than traditional detection systems can adapt, scaling analytical capabilities with AI is quickly becoming a baseline requirement for survival. Across fintech, e-commerce, and banking, leaders are experimenting with AI agents that can accelerate investigations, analyze data, and even help build fraud detection models. These AI employees […]

Insurance Fraud: It Starts With the Lack of an Identity Check

Episode Six and Decisionly Partner to Modernize Issuer-Side Dispute Management

Informal Value Transfer System (IVTS): How to Launder Money Without Transactions

German Prosecutors File Charges in $345M ‘Operation Chargeback’

What Does Being AI-Native Really Mean?

Identiq Identity Verification Solution Acquired by Incode for Undisclosed Sum

With SMMP, Mastercard Makes Refunds as Dangerous as Chargebacks

¼ of Merchants Report Friendly Fraud Is Sometimes an Inside Job

Darwinium CEO: What Happens When 95% of Your Traffic is Fraud?

Managing AI Employees: Lessons for Fraud Leaders

2nd Revolut Breach in a Month,.

FTC Fines Payments Processors $17M for.

Scanovate, a Digital Identity Company, Acquired.

Revolut Accidentally Shares Customer Data with.

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