Security

Poshmark Case Study - Poshmark Uses TruValidate Device Risk to Better Protect Customer Accounts

Poshmark Case Study – Poshmark Uses TruValidate Device Risk to Better Protect Customer Accounts

Poshmark, a premier online marketplace, grappled with malicious account creation, counterfeit listings, financial scams and more — threatening user trust and business continuity. To fortify its platform, Poshmark employed TransUnion TruValidate™ Device Risk. With its expansive device database, historical fraud reports and global consortium of fraud experts, Device Risk offered a solution tailored to Poshmark’s […]

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Device Proofing: Optimizing Fraud Capture in a Digital Environment

Device Proofing: Optimizing Fraud Capture in a Digital Environment

Online purchases have grown quickly over the last several years, and consumers have moved toward mobile devices as their primary means of engagement, impacting how they shop for groceries, engage with retail stores, order their morning coffee, and plan their next vacation. Ensuring that these digital interactions remain frictionless for good customers and safeguarded from fraud helps

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LinkedIn On-Demand Omnichannel Fraud

LinkedIn On-Demand Omnichannel Fraud

Fraudsters are constantly evolving, adapting to new technologies and market conditions. Staying one step ahead of fraud requires understanding the latest trends- and what to do about them. Watch our TransUnion Live on LinkedIn roundtable discussion featuring participants’ recommendations for implementing smarter, more effective fraud prevention strategies that build consumer trust. They take into account

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Javelin Report – The Evolving State of Consumer Identity and Authentication

Javelin Report – The Evolving State of Consumer Identity and Authentication

Insurers have rapidly digitalized their services to meet growing consumer preferences for online quoting and policy underwriting. Prioritizing friction-right customer experiences to improve underwriting performance has unfortunately left insurers vulnerable to fraudulent, online traffic perpetrating application fraud, fake lead generation and PII data breaches. Consumer identities are increasingly defined by digital data, which creates an

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Gartner Security & Risk Leaders Online Fraud and Identity Proofing Guide

Gartner Security & Risk Leaders Online Fraud and Identity Proofing Guide

Fostering trust in a consumer-centric omnichannel environment requires clear strategies and robust technology. To help risk leaders understand and contextualize their challenges and provide structure to their strategy for deploying business solutions, TransUnion offers complementary access to Gartner research, Security and Risk Management Leaders’ Guide to Online Fraud Detection and Identity Proofing. According to Gartner,

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Creating a ‘Friction-Right’ User Experience: Block Fraudsters and Reward Good Customers

Creating a ‘Friction-Right’ User Experience: Block Fraudsters and Reward Good Customers

Blocking fraudsters is key, but it can’t be done at the expense of legitimate customers and transactions. Customer tolerance for friction is lessening amid their expectations of fast, pleasant, and personalized experiences. When businesses implement a friction-filled fraud prevention strategy, these very fraud prevention measures can exacerbate false positives, damage customer relationships, and even cost

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Financial Services Digital Trends: Combating Fraud and Improving Customer Experience

Financial Services Digital Trends: Combating Fraud and Improving Customer Experience

Financial services organizations know they must provide high-value digital customer experiences and prevent fraud. Digital applications and automated underwriting have leveled the playing field when competing for new customers. Based on feedback from financial services executives and managers, they’re prioritizing investments in fraud detection without introducing unnecessary friction, including:  The TransUnion Financial Services Digital Trends: Combating

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American Banker On-Demand Webinar

American Banker On-Demand Webinar: Improve Your Customer Authentication Strategy with More Secure One-Time Passcodes

In customer authentication, organizations must deliver security and usability — because customers expect both. Ideal methods are accessible to all customers, simple to use and secure. One-time passwords (OTP) sent directly to a customer’s device of choice are perceived to check all three of these boxes. However, as mobile fraud continues to grow, organizations must

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State of Omnichannel Fraud 2023

State of Omnichannel Fraud 2023

In 2022, fraud returned to something more closely resembling pre-pandemic levels in 2022-4.6 percent of digital transactions globally were potentially fraudulent. However, with increased digital transaction volumes, the risk to organizations and individuals was even greater than before. From 2019 to 2022, digital transaction volume increased 80 percent globally, resulting in an 80 percent growth

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