The Financial Conduct Authority (FCA) on Thursday (March 3) announced it will take “assertive action to tackle harm in the consumer investments market” and is urging consumers across the U.K. to beware of investment-related scams after seeing a steady increase in such claims last year....
Businesses face an array of challenges when authenticating customers, often because they rely on a single security stack. 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...
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Cybercrime is nothing if not varied. 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...
Consumers reported losing more than $5.8 billion to fraud in 2021, a 70% jump from the year before, the Federal Trade Commission (FTC) said Tuesday (Feb. 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Five years ago, digital transformation in banking was focused on a product or a certain business line, but more recently, innovation has become an imperative. That was accelerated by the pandemic, which created an immediate need for frictionless onboarding with customers and clients and the...
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...
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...
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...