Card issuers must distinguish a fraudulent transaction from a legitimate one in milliseconds. Now there’s a new complication: What happens when the legitimate customer is no longer the party directly making the purchase? Get the Full Story Complete the form to unlock this article and...
The Bank Policy Institute is recommending that financial institutions and their regulators reduce direct electronic transfers of sensitive financial and supervisory data, arguing that traditional practices such as uploading files to regulator-controlled portals or sending encrypted emails can create unnecessary cybersecurity risks. Get the Full...
A new report by House Republicans argues that fraud and scams have reached “unprecedented” levels. 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,...
The best fraud prevention stops bad transactions and lets good ones move faster. But new findings in the June 2026 edition of The 2026 Certainty Project, a PYMNTS Intelligence and Plaid collaboration, reveal the ways in which that definition is no longer complete. Although nearly...
Security controls are designed to stop bad payments, but new data suggested the strongest systems may be the ones customers barely notice. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Payments used to be judged by whether they moved money quickly. Now they are judged by how well they make decisions before, during and after a transaction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
LexisNexis Risk Solutions and Promon are working together to help organizations protect their mobile apps from 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...
Fraud used to sit in the back office. Now it has a front-row seat in the issuer growth strategy. Every blocked purchase, failed dispute or scam that slips through can weaken the cardholder relationship. That makes fraud prevention more than a risk-control function. It’s now...
The Aspen Institute Financial Security Program (Aspen FSP) has launched a new effort focused on reducing the scale and severity of scams affecting Americans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
