Fraud Prevention

Fraud Prevention
Indian Banks Log Threefold Uptick in Fraud
May 29, 2025

Bank fraud in India nearly tripled during 2024, according to the country’s central bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Fraud Prevention
Apple: App Store Blocked $2 Billion in Fraud Last Year
May 27, 2025

Apple says its App Store prevented more than $2 billion in fraudulent transactions last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Fraud Prevention
Global Crime Rings Exploit Meta Platforms, Triggering Bank-Fraud Spike
May 16, 2025

Criminals are “flooding” Facebook and Instagram with bogus ads and marketplace listings, fueling what The Wall Street Journal calls an “epidemic of scams” that is ensnaring U.S. consumers and global regulators alike. Get the Full Story Complete the form to unlock this article and enjoy...

Fraud Prevention
Entersekt CEO on Scams: ‘Bigger the Bullet, the Thicker the Armor’
May 14, 2025

If there’s one unwelcome constant in payments, it’s fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...

Fraud Prevention
Plaid Updates Identity Verification to Combat GenAI Fraud
May 13, 2025

Plaid has updated its identity verification (IDV) product to counter the threat posed by fraudsters who use generative artificial intelligence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Fraud Prevention
Google Expands AI Tools to Combat Evolving Scam Tactics
May 08, 2025

Google announced the rollout Thursday (May 8) of a fresh suite of artificial intelligence (AI)-powered safety features across its platforms to protect users from increasingly sophisticated scams. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Fraud Prevention
GenAI Fuels New Wave of Sophisticated Financial Fraud
April 16, 2025

Fraud is getting more sophisticated, thanks to artificial intelligence (AI). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Fraud Prevention
Acquirers Step Up Battle Against Fraud With GenAI, Biometrics Push
April 14, 2025

For merchants seeking to deliver a seamless omnichannel experience to their consumers, fraud remains a persistent concern. And while they look to acquirers to offer up the payment innovations that help satisfy customers’ desires to transact digitally on their mobile devices, they also want acquirers...

Fraud Prevention
Metal Payment Cards Move From Luxury to Everyday as Fraud Fears Deepen
April 10, 2025

For decades, consumers have been bombarded with security advice designed to keep their financial data safe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...