Fraud Prevention

Fraud Prevention
Twitter Seeks To Stop The Spread Of Crypto Scams
March 07, 2018

As social media companies focus on preventing harmful content from spreading across their platforms, Twitter seeks to stop cryptocurrency scams from circulating as well. But it’s not clear exactly which measures the company is taking to address the issue, Bloomberg reported. Get the Full Story Complete...

Fraud Prevention
Fiserv First To Offer Mastercard Decision Intelligence
March 07, 2018

Fiserv, a provider of financial services technology, announced news on Tuesday (March 6) that it is now offering Mastercard Decision Intelligence, a fraud detection service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Fraud Prevention
Visa Says Counterfeit Fraud At Chip-Enabled Merchants Plummets 70 Percent
February 23, 2018

Visa announced news on Friday (Feb. 23) that counterfeit fraud, as measured in dollars, dropped 70 percent in September 2017 compared to December of 2015. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Fraud Prevention
AI Puts Fraudulent Credit Card Testers To The Test
February 21, 2018

This is not a test. 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...

Fraud Prevention
City Union Bank Says Hackers Transferred $2M
February 19, 2018

City Union Bank, the Indian bank, disclosed this past weekend that it was hacked — with bad guys transferring close to $2 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Fraud Prevention
Trending Topics Are New Hacker Tool
February 16, 2018

Hackers have been using trending topics, such as FIFA 2018 and bitcoin, to trick users into offering up their personal information. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Fraud Prevention
Cybercrimes Cost Financial Service Firms $18M, On Average
February 14, 2018

Financial services firms, above any other industry, rack up the most in damages following a cyberattack, a new report from Accenture and Ponemon Institute found. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Fraud Prevention
Fed Says Payment Fraud Losses Top Of Mind For FIs
February 07, 2018

Payment fraud losses are top of mind for financial institutions around the country, the Federal Reserve Bank of Minneapolis reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Fraud Prevention
Malware Attack On National Stores Inc. Exposed Payment Data
January 31, 2018

Following a malware attack that allowed “unauthorized parties” to access customer credit card information, off-price retailer National Stores is seeking to prevent fraudulent activity and improve the security of its point-of-sale (POS) systems, the company said in an announcement. Get the Full Story Complete the...