Analytics & Credit Decisions Community

After Heartbleed: are you vulnerable?

The discovery of Heartbleed earlier this year uncovered a large-scale threat that exploits security vulnerability in OpenSSL posing a serious security concern. This liability gave hackers access to servers for many Websites and put consumers’ credentials and private information at risk. Since the...read more

6 Key Predictions on How Data Breach Concerns Will Evolve in 2014

In less than a year, my information has been compromised twice by a data breach.  The companies involved varied significantly by way of size and type, yet both reacted expeditiously to inform me of the incident.  As much as I appreciated the quick response and notification, I couldn’t help but...read more

Host Card Emulation: We are not in Kansas anymore

Both Visa and MasterCard announced their support for Host Card Emulation (HCE) and their intent to release HCE specifications soon. I have been talking about HCE from late 2012 (partly due to my involvement with SimplyTapp) and you could read as to why HCE matter and what Android KitKat-HCE...read more

Ben Franklin - founding father, inventor, commercial fraud visionary?

On January 17th, we celebrated the 308th birthday of one of America's most famous founding fathers, Ben Franklin. I've been a lifelong fan of his after reading his biography while in middle school, and each year when his birthday rolls around I'm inspired to research him a bit more since there is...read more

Lessons from a breach

In the days following the Target breach, both clarity and objectivity are in short supply. Everything that didn’t already exist became suddenly the cure-all – EMV being one. Retailers bristle, albeit in private – due to the asymmetry in blame they have come to share compared to banks – despite...read more

Improving crime prevention and awareness with data and analytics

Crime prevention and awareness techniques are changing and data, analytics and use of technology is making a difference. While law enforcement departments continue to face issues related to data - ranging from working with outdated information, inability to share data across departments, and...read more

Host Card Emulation: NFC’S tale of redemption

When I wrote about Host Card Emulation back in March, it provoked much debate around whether this capability will die on the cutting floor or be meaningfully integrated in to a future Android iteration. And now that it has, this post is an attempt to look forward, even though much of it is...read more

A mobile-centric approach to customer acquisitions

In the 1970s, it took an average of 18 days before a decision could be made on a credit card application. Credit decisioning has come a long way since then, and today, we have the ability to make decisions faster than it takes to ring up a customer in person at the point of sale. Enabling real-time...read more

Updated CFPB mortgage rules expected to come into force January 2014

- Zach Smith, Experian On September 13, the Consumer Financial Protection Bureau (CFPB) announced final amendments to the mortgage rules that it issued earlier this year. The CFPB first issued the final mortgage rules in January 2013 and then released subsequent amendments in June. The final...read more

The many challenges with tax refund fraud detection

Billions of dollars are being issued in fraudulent refunds at the state and federal level.  Most of the fraud can be categorized around identity theft.  An example of this type of fraud may include fraudsters acquiring the Personal Identifying Information (PII) from a deceased individual, buying it...read more