EverC

🚀 As we wrap up 2024, the EverC team reflects on our continuing journey of innovation and resilience. Read on for insights and predictions from our leadership. https://lnkd.in/gv5V_kJj Here’s to bold ideas and continued success! 🙌  #EverC #Innovation #GenAI

🚀 As we wrap up 2024, the EverC team reflects on our continuing journey of innovation and resilience. Read on for insights and predictions from our leadership. https://lnkd.in/gv5V_kJj Here’s to bold ideas and continued success! 🙌  #EverC #Innovation #GenAI

💸 $155 billion in fraudulent sales last year—and the threat of online seller fraud continues to rise. For acquirers, banks, and payment service providers, this growing risk comes with increased regulatory scrutiny. Are you ready to protect your business and scale safely?     🛡️ The Solution: MerchantView by EverC:  ✅ AI-powered fraud detection
    ✅ Automated risk management
    ✅ Safe, scalable ecommerce growth Stay ahead of fraud and compliance challenges. Visit everc.com/merchantview to learn more.  #MerchantView #fintech #merchantrisk #riskmanagement #saferecommerce #fraudprevention

Online marketplaces face growing challenges from counterfeit, hazardous, and illicit products, which can undermine consumer trust and expose platforms to significant financial and reputational risks. MarketView by EverC is a powerful AI-driven solution designed to tackle these issues head-on. By identifying and removing illicit products with 95% accuracy, MarketView helps marketplaces uphold regulatory standards and maintain customer confidence. Key Features: ✔️ Speed: Detects illicit products in less than 5 minutes, enabling quick action to safeguard your platform.   ✔️ Scale: Scans over 30 million items daily across diverse categories and regions. ✔️ Advanced Technology: Uses AI and machine learning to analyze billions of product-level data points, including text, images, and metadata. ✔️ Customization: Offers flexible integration options, including UI, API, and no-code setups, for seamless adoption. 🛡️ Learn how MarketView can protect and empower your business: https://lnkd.in/gShmNguW #MarketView #marketplace #saferecommerce #fraudprevention #riskmanagement 

C-suite leaders are increasingly concerned about the rise of deepfake financial fraud—a sophisticated cyber threat leveraging AI to mimic voices and videos, according to The Wall Street Journal.   The potential for financial and reputational damage is staggering, with bad actors deploying convincing deepfakes to manipulate employees, impersonate executives, or authorize fraudulent transactions. 💻 🔍 What’s at stake? • 46% of C-suite executives expect financial fraud incidents tied to deepfakes to rise in the next year.   • Financial institutions and enterprises are facing heightened risks as deepfake technology becomes more accessible and harder to detect.   At EverC, we’re committed to staying ahead of these evolving threats with cutting-edge solutions. Proactive monitoring with real-time insights helps us flag anomalies and provides actionable intelligence to combat fraudulent activities online.   🔗 Read the full article: https://lnkd.in/ePAzAXeP   #deepfakefraud #financialfraud #ecommerce #syntheticidentityfraud #fraudprevention #EverC #saferecommerce 

To greedy fraudsters, data is currency. The CTO Club discusses the critical lessons from 2024's biggest data breaches and how organizations can stay secure in 2025. 🔒💡 The article features insights on what to expect in 2025 from our CEO Ariel Tiger...read on and stay ahead of the threats! #data #fintech #2025trends #saferecommerce

🌐 AI-fueled fraud is a global problem.   The rapid evolution of e-commerce has created new opportunities for financial crime, according to our own expert Maya Shabi. Bad actors now exploit AI to mimic voices, videos, and launch advanced account takeovers (ATOs), with romance scams on the rise.   Even scammers have evolved—some even run online schools to train others in fraud. 🔑 Combatting financial crime requires advanced tech, industry expertise, cross-sector collaboration, and a proactive mindset to spot vulnerabilities.   Listen to the full session to find out how YOU can help disrupt financial crime online! https://lnkd.in/e4YBpv_2 #financialfraud #fraudprevention #fintech #Saferecommerceday #saferecommerce

Payoneer, a global financial technology company, partnered with EverC to enhance its merchant risk management. By implementing the EverC MerchantView solution and Risk Insight Services, Payoneer achieved:   ✔️ Effective Compliance: Aligning with regulatory and card scheme requirements.   ✔️ Proactive Risk Mitigation: Swift identification and removal of high-risk merchants.   ✔️ Increased Operational Efficiency: Automating processes to reduce manual intervention.   ✔️ Data-Driven Insights: Refining risk management strategies through comprehensive analysis.   "The collaboration with EverC not only enhances Payoneer’s ability to manage risks but also instills greater confidence among its users, knowing that their transactions are protected by cutting-edge technology."   - Hector Contreras, VP, Head of Compliance Governance Office at Payoneer   Learn more in our case study: https://lnkd.in/gcHn8HwU   #MerchantView #fintech #merchantrisk #riskmanagement #saferecommerce

🌟 Holiday Alert: Record Online Sales & Rising Fraud Risks 🌟    Consumers are planning to spend an average of $1,778 this holiday season—a strong 8% increase YoY—according to the 2024 Deloitte Holiday Retail Survey. Online sales are projected to grow 7-9%.  During the Cyber 5 (Thanksgiving through Cyber Monday) last year, U.S. consumers spent $38.1 billion across 1 trillion online visits to retail sites. But as ecommerce continues to thrive, so do fraud risks.    🔴 Ecommerce fraud is on the rise—with payment scams, phishing attempts, malicious websites, and counterfeit goods becoming increasingly sophisticated. Adobe Analytics reports that consumer worries about online fraud have increased, as the holiday rush often leaves shoppers vulnerable to threats.    Why it matters:  For online marketplaces, the stakes are higher than ever. While holiday sales drive revenue, they also attract fraudsters, putting your customers and reputation at risk. EverC’s advanced, AI-driven solutions  help ecommerce platforms identify and stop fraud before it happens, ensuring a secure shopping experience for all.  Contact us to learn more!     #CyberMonday #Ecommerce #FraudPrevention #OnlineSafety #HolidayShopping #saferecommerce