Fraud Prevention

Fraud Prevention
Fraudsters’ Latest Target: Dead People
April 25, 2019

Back in the golden olden days of print newspapers, bad guys would regularly read the obituaries, then craft a plan to break into houses and steal valuable items during the wake or funeral. But like most analog businesses, this criminal model has gone digital. Get...

Fraud Prevention
Online Porn Pays Off For Fraudsters
April 11, 2019

Like it or not, pornography — among the most ancient human creative endeavors — is a central player in the digital world we inhabit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Fraud Prevention
Senate Hearing Grills Equifax, Marriott CEOs On Data Breaches
March 07, 2019

Data privacy and security is becoming a popular political issue, and the latest proof of that came Thursday (March 7) on Capitol Hill. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Fraud Prevention
A New Way To Gain Ground On Fraud
March 07, 2019

New technologies keep emerging in the fight against fraud — biometrics, for instance — but they are not the only part of pushing back against criminals and preventing them from stealing data and money. The process tied to fraud prevention matters significantly, too. Get the Full...

Fraud Prevention
When Synthetic IDs Are As Good As The Real Thing
March 01, 2019

It’s no secret that digital criminals are becoming more sophisticated. So are the fraud defenses deployed by merchants, payment service providers and financial institutions. But some criminals are going a step further – essentially pretending to be legitimate consumers. It even comes down to the use...

Fraud Prevention
Can Retailers Push Back Against Surging Account Takeovers?
February 19, 2019

Account takeovers are becoming bigger business for criminals — or, at least, the business of preventing account takeovers in the digital retail and payments realm is becoming an increasing focus of companies and security experts. Further proof of that came recently from a young company...

Fraud Prevention
Want Better Fraud Prevention? Build A Better Team
February 19, 2019

One day — maybe one that has already happened for some PYMNTS readers — we might look back with fondness and nostalgia on that time when chargebacks stood as the main worry merchants and other organizations faced when it came to fraud and risk. Chargebacks are...

Fraud Prevention
Experts Say Equifax Data Breach Was A Spy Job
February 14, 2019

Remember all that stolen Equifax data? Remember how all those names, addresses, dates of birth, Social Security and drivers’ license numbers and other information were stolen in September of 2017 – the information of some 143 million people – in what still stands as the one...

Fraud Prevention
Red Envelopes, Fortnite And The Rise Of Micro Money Laundering
February 08, 2019

One of the main differences between a successful criminal and a wanna-be is that the smart one knows how to hide (often in plain sight), and use methods that often seem more mundane than dramatic — despite what Hollywood has trained us to believe over the...