41st Parameter

According to a recent webinar and poll of airline fraud investigators, fraud detection tools and payment fraud losses are top of mind. Thus, airlines report more than a billion dollars in online fraud loss. In order to reduce these losses each needs to be up-to-date with the appropriate technologies and be prepared for fraudsters to exploit new forms of payment and booking channels.

It is one of the opinions related to the shutdown of hosting provider McColo Corp. It was observed that one month after McColo went offline, spam volumes were nearly back to the levels seen prior to the company’s take down by its upstream Internet providers. However, as one fraud expert noted spam wasn’t the only issue held by McColo Corp. More evidence proved that retail fraud dropped significantly on the same day start to appear.

Strategic partnership of 41st Parameter and Ethoca builds strong platform to fight against fraud. 41st Parameter is known as leading provider in fraud intervention that helps to protect brands and customers, reduces fraud losses, etc. And Ethoca makes e-commerce safer; it is the leader in collaborative fraud management.

[img_assist|nid=9691|title=|desc=|link=none|align=left|width=139|height=87]Payoneer, Inc., a leading payment solutions network that provides companies with the efficient options to pay their employees across the globe by means of reloadable prepaid MasterCard cards, reports about new features available with its international payment services. Having implemented this additional functionality the company can ensure security of online transactions.