iovation News

Holiday Weekend Online Retail Credit Card Fraud Jumps 20% Over Same Time Last Year

Card-not-present fraud—fraudulent transactions where a credit card is not physically presented to a merchant—increased significantly from Black Friday to Cyber Monday 2016 when compared to the same period in past years, according to new information released by iovation, a provider …

iovation Predicts New EMV Chip Cards Will Lead to Increase in Online Holiday Fraud

Iovation, a provider of device intelligence for authentication and fraud prevention, is predicting a significant increase in card-not-present fraud—fraudulent transactions where a credit card is not physically presented to a merchant—from Black Friday to Cyber Monday when compared to past …

Business Moves: Hudson Insurance, iovation, Verisk, Understory

Hudson Insurance Group Launches New Commercial Excess and Umbrella Unit New York City-based Hudson Insurance Group announced the launch of its new Commercial Excess and Umbrella business. The new unit will provide coverage on a non-admitted basis in all 50 …

Nearly 50% of Black Friday to Cyber Monday Online Sales Will be on a Mobile Device

iovation, the provider of device intelligence for authentication and fraud prevention, is predicting that 48 percent of all retail transactions from Black Friday to Cyber Monday this year will be made from mobile phones and tablets. The company also forecasts …

Verisk Insurance Solutions Launches Device Reputation Service

Verisk Insurance Solutions, a source of information about property/casualty insurance risk, and iovation announced the launch of the Verisk Device Reputation Service, a tool to help insurers prevent fraud by exposing the reputation of Internet-enabled devices. The tool uses proprietary …

Device Reputation Aids UK Insurer in Busting Crash for Cash Scheme

As insurance fraud continues to evolve more aspects of the crime involve digital technology. In the UK, where a considerable amount of policies are generated through online transactions, much can be learned about the customer through the devices used to …