Kount Press Releases and News Articles
Mobile Payments and Mobile Channel Fraud - Report Highlights
In surveying nearly 600 merchants, the 2018 Mobile Payments & Fraud Survey found several major mobile wallets have lost traction, with the percentage of respondents accepting Apple Pay in 2018 down from 48% to 35%, the most drastic decline of all mobile wallets, and Google Pay down from 38% to 25%.
Kount Claims Apple Pay and Google Pay are Losing Ground to PayPal and AmEx
Countering conventional wisdom that Apple’s and Google’s mobile wallets are increasing in popularity, fraud and risk management firm Kount claims that significantly fewer merchants are accepting Apple Pay and Google Pay this year, with each supposedly falling by 13 percent from 2017 to 2018.
Are The Mobile Pays–Apple, Android, And Samsung–In Trouble?
As reported in Mobile Payments Today, a study from Auriemma Consulting Group found that user adoption of the "Pays"--Apple Pay, Google Pay, and Samsung Pay--increased to 34% of smartphone users in Q1 2018, a five percentage point increase year-over-year.09-May-2018 | read more
Powering Fraud Prevention With Machine Learning
Artificial intelligence (AI) and machine learning are nothing new. In fact, machine learning has been used for more than a decade to enhance technology and improve functions in everything from smart toys to the Roomba to technology that identifies and mitigates fraudulent activity.03-May-2018 | read more
5 Benefits of Applying Machine Learning to Your Fraud Solution
Many elements contribute to the expanding fraud problem that online companies must contend with. These include: new criminal tactics, prolific growth of Internet-able and commerce capable devices, payment platforms offering an array of payment types, and the growing scale of data breaches globally.17-April-2018 | read more