Cryptocurrencies: New Fraud Problems or Solutions?

Since bitcoin and the blockchain popped up nearly ten years ago, cryptocurrencies have experienced a startling evolution: from a fringe investment to a mainstream medium of exchange. Enterprising fraudsters have been following this evolution closely. In the first two months of this year, cryptocurrency fraud resulted in losses of $9 million a day. People who […]

[Podcast] Blockchain, Crypto, and the Future of Fraud

Cryptocurrencies and the blockchain represent a new frontier — one that’s wrought with regulatory and fraud challenges. New coin offerings pop up all the time, each decentralized and shrouded in risk. How do you safely transact with a form of currency that people struggle even to define? Coinbase is trying to do just that. The […]

[Podcast] International Fraud and Cybersecurity

Ecommerce fraud seems pretty, self-contained, right? Your trust & safety team catches a fraudster, you put safeguards in place to prevent similar fraud from happening in the future, and that’s the end of the story. Or is it? You may not realize it, but online fraud and other cyber threats can have serious ramifications for […]

4 Things We Learned from our Q&A with Fintech Pioneer Max Levchin

Max Levchin recently came to Sift Science to share stories about his personal and professional experiences – from his early days hauling his desktop computer around in his car as he drove from city to city to pitch investors, to his eventual success as the co-founder of PayPal. Max is now the CEO of digital […]

10 Things You Need to Know about Mobile Fraud

More people are using their phones to buy, sell, and browse than ever before. The number of mobile devices in the world is increasing five times faster than the human population, which is good news for m-commerce companies – but also for fraudsters. Although mobile transactions account for less than a third of total purchases, […]

10 Things You Need to Know about Digital Natives

The generation born after the invention of the internet is native to two worlds: the physical world, and the virtual. If that seems overly dramatic, consider this statistic: Millennials spend over 7 hours a day online! Education consultant Marc Prensky coined the term digital native to describe this generation, which is growing increasingly influential. So, […]

News Roundup 5/1: Getting dressed with machine learning, billion-dollar hacking, and Senate security flaws

Amazon’s Echo Look dresses you up with machine learning Unless your closet looks like Mark Zuckerberg’s, you’ve probably spent ten minutes in front of the mirror deciding whether you really want to wear those pants today. Amazon’s solution to your indecisiveness? The Echo Look. The Echo Look uses machine learning to help Alexa (Amazon’s Siri-like […]