Cybersecurity

Cybersecurity
Rise of Synthetic IDs Demands New Approaches to Identity at the Point of Onboarding  
March 27, 2024

The synthetic ID — the online identity concocted through bits and pieces of information gleaned from far-flung sources, cobbled together by fraudsters — is wreaking havoc. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cybersecurity
Treasury Report Finds ‘Significant’ Gaps in AI Fraud Prevention
March 27, 2024

Larger financial institutions have an edge over smaller ones in AI-related fraud prevention. 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....

Fraud Prevention
RealPage and Plaid Team to Curb Rental Fraud
March 27, 2024

Real estate software/data analytics provider RealPage has debuted tools to combat rental fraud.  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...

Cybersecurity
Seven in 10 Financial Institutions Use AI and ML to Combat Fraud
March 26, 2024

Recently, PYMNTS sat down with an array of experts and innovators in the artificial intelligence (AI) field to get their thoughts on how the technology will transform the payments and commerce sectors in the years ahead.   Get the Full Story Complete the form to unlock...

Cybersecurity
Bedrock Security Takes On Data Complexities in GenAI Era
March 26, 2024

In the rapidly evolving world of cloud computing and generative artificial intelligence (AI), data security has become a paramount concern for organizations worldwide. Bedrock Security, a newly launched platform, aims to address these challenges head-on. Get the Full Story Complete the form to unlock this article...

Cybersecurity
Senate Bill Aims to Incentivize Cybersecurity in Healthcare Industry
March 25, 2024

Proposed federal legislation would accelerate Medicare payments to healthcare providers that have suffered a cyberattack, if they and their vendors meet minimum cybersecurity standards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cybersecurity
Remote Identity Proofing Hurdles Put Spotlight on Increasing Fraud Sophistication
March 22, 2024

As traditional forms of identification prove increasingly inadequate in the digital space, the necessity for innovative and secure solutions becomes evident.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cybersecurity
Banks Advocate Digital Payments as Defense Against Check Fraud
March 21, 2024

Despite the growing adoption of digital payment solutions worldwide, financial institutions (FIs) continue to process billions of checks each year, setting the stage for a growing trend: check fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cybersecurity
Payment Networks and Providers Leverage Data, AI in Battle vs First-Party Fraud 
March 19, 2024

First-party fraud is, increasingly, warranting a first line of defense from the payments networks, using data and AI to uncover what’s really going on with transactions and whether consumers are initiating fraudulent disputes. Get the Full Story Complete the form to unlock this article and...