Fraud Prevention

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...

Fraud Prevention
Banks Fight Back Against ‘Fake Grandchild’ Scammers Who Target Seniors
January 25, 2019

Get ready for even more fake grandchildren when it comes to payments fraud. That’s one of the sad facts of life as more consumers hit senior citizen status, and criminals gain more expertise in conning people into giving over their money. Get the Full Story...

Fraud Prevention
When Fraud Risk Is Credit Risk In Disguise
January 24, 2019

Here’s a test: What’s fraud? Also, what’s a simple and legitimate matter of credit risk? 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
How To Keep QSRs’ Digital Transformation Investments From Derailing
January 22, 2019

We all remember cramming — all that coffee and/or soda, all those books, notes and ink stains. Not to mention, all those late nights desperately striving to absorb all the information we should have learned over the course of weeks instead of hours, had we the...

Fraud Prevention
How To Fight Online Fraud: Ruin Cybercrime’s ROI
January 04, 2019

Let’s get a few things straight, a couple of points that might go against what every payments and commerce professional knows, but which will be important for the rest of the story. Get the Full Story Complete the form to unlock this article and enjoy...

Fraud Prevention
What Lies Beneath: FIs’ Biggest Cyberthreat
January 03, 2019

Well, let’s start with the bad news first, even at the risk of robbing some of the joy and optimism that comes with the new year. As bad as one might think the risks of cybercrime are (fraud, hacking, data breaches, customer and revenue loss,...