Fraud Prevention

Fraud Prevention
Peaceful Coexistence: The Need for Speed and the Necessity for Security in Real-Time Payments
February 18, 2022

Consumers always want more speed and expect security to always be top-notch, but traditionally there’s been a trade-off. 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...

Fraud Prevention
FinCEN Recovers $1.1B For Crime Victims
February 14, 2022

The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has helped recover more than $1.1 billion over the last seven years for the victims of financial crimes, the agency said in a statement Friday (Feb. 11). Get the Full Story Complete the form to unlock...

Fraud Prevention
Malware Infiltrates 500 eCommerce Sites to Skim Card Data
February 11, 2022

An estimated 500 eCommerce websites were infiltrated by MageCart attackers, who seemingly installed credit digital card skimmers to lift users’ personal data, including card numbers, email addresses, phone numbers and more. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Fraud Prevention
Digital Fraud Tracker: Explaining Third- and First-Party Fraud
February 11, 2022

These days, banks, businesses, government entities and individuals are at constant risk of digital fraud. Its volume and costs continue to expand, even as more oversight agencies are formed and security and risk management teams enact rules designed to prevent it. Get the Full Story...

Fraud Prevention
Catfish Casanovas Prey on More Romance Scam Victims
February 09, 2022

Online romance scams happen all year round, but with Valentine’s Day less than a week away, even the smartest people looking for love could get swept up into the digital arms of today’s modern Don Juan and gold-digging opportunists. Get the Full Story Complete the...

Fraud Prevention
PYMNTS Intelligence: The Problems of First- and Third-Party Fraud in the Digital Ecosystem
February 08, 2022

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, you agree to receive marketing communications from PYMNTS and...

Fraud Prevention
nsKnox Debuts Bank Account Certificate
February 07, 2022

Security platform nsKnox on Monday (Feb. 7) introduced Bank Account Certificate, calling it a “fraud-proof approach to sharing and validating banking details.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Fraud Prevention
TSYS On Fraud-Fighting FinTech Trends In 2022 And Beyond
February 07, 2022

As businesses work to keep out fraud and curb false declines in the year ahead, they must bear in mind that context is key. In the Digital Fraud Tracker, TSYS’ Dondi Black explains how companies can tap AI and machine learning to verify data points...

Fraud Prevention
Why Context Is Key to Effectively Fighting Fraud
February 04, 2022

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, you agree to receive marketing communications from PYMNTS and...