With EMV changing the way payments are made in person, so, too, is the nature of fraud changing. Card not present (CNP) fraud is becoming a favorite avenue pursued by criminals, meaning merchants must do more than just block and tackle — they must also be...
Digital Shadows, the industry leader in digital risk management, revealed its findings on the changing habits and tactics of organized credit card fraud gangs, discovering a new trend in the form of remote learning “schools.” Get the Full Story Complete the form to unlock this...
Jumio, the creator of Netverify Trusted Identity as a Service (TIaaS), has announced the addition of eyeball tracking to Netverify’s biometrics capabilities. Eyeball tracking requires users to follow an icon on a mobile device’s screen with their eyes as it moves in a random pattern...
As FedEx Corp.’s TNT unit is still working to fulfill deliveries and catch up on some transactions by hand, the company said its information systems may never fully recover from a June cyberattack that is also expected to affect its earnings. Get the Full Story...
Fraud protection will likely be an ongoing task for merchants. This week, German-Israeli payment security company Fraugster debuted its answer to the fraud conundrum. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Honda Motor Co. had to stop production at a domestic vehicle plant in Japan for a day after finding the WannaCry ransomware in its computer network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Machine learning can help find real cyber transaction fraud while letting the “good” payments go through. TSYS’ EVP Karim Ahmad and Featurespace CEO Martina King discussed their partnership geared toward battling the bad guys to reduce online fraud.
The Federal Trade Commission (FTC) announced news that it is mailing 288 checks totaling more than $109,000 to victims of an auto loan modification scam. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
FICO has announced the launch of FICO Card Compromise Manager, an anti-fraud solution that proactively detects and prioritizes compromised merchants and data breaches or theft involving card data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
