Cybersecurity

Cybersecurity
FTC Raises Red Flags Over QR Codes and Fraud
December 07, 2023

Consumers who scan a QR code for what they think is a legitimate purpose could actually be giving their personal information to scammers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cybersecurity
Why Lifecycle Management Matters When Fighting Payments Fraud
December 07, 2023

Brian Holbrook, director of product strategy at LSEG Risk Intelligence, told PYMNTS in an interview that financial institutions (FIs) are going to have to gird for changes in how they conduct and approach risk management. Get the Full Story Complete the form to unlock this...

Fraud Prevention
90% of FIs Leverage Fraud-Prevention APIs as Crime-Fighting Tool
December 06, 2023

Financial institutions (FIs) are facing an increasing threat of fraud and financial crime in the digital age. And as the volume and sophistication of fraudulent transactions continue to rise, FIs are turning to cutting-edge tools and technologies to enhance their security measures.  Get the Full...

Fraud Prevention
FIs Depend on AI/ML Partners to Fight Next-Gen Fraudsters
December 06, 2023

PYMNTS Intelligence recently found that more than 40% of financial institutions (FIs) see increasing fraud and financial crime. This advancing wave likely poses a significant threat to the financial services industry. Security is a top concern, and these institutions need cutting-edge tools to fight this...

Fraud Prevention
Experian and NeuroID Team to Fight Fraud Amid Surge in Sophisticated Financial Crime
December 05, 2023

In a bid to tackle the rising threat of fraud, global information services company Experian has partnered with behavioral analytics firm NeuroID to enhance its fraud prevention solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cybersecurity
Treasury Prime and Effectiv Team on Fraud Detection for Companies and Banks
December 04, 2023

Treasury Prime, an embedded banking software company, has joined forces with Effectiv, a fraud and risk management platform, to bring advanced fraud detection capabilities to enterprises and banks, the companies announced Monday (Dec. 4). Get the Full Story Complete the form to unlock this article and...

Cybersecurity
Nearly 40% of Millennials Want More Visible Security Measures for Routine Transactions
December 01, 2023

In today’s digital age, security is a top concern for consumers, especially when it comes to financial transactions, regardless of their frequency — be it routine or sporadic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cybersecurity
Treasury Department Seeks Expanded Powers to Combat Illicit Finance
November 29, 2023

The Department of the Treasury is seeking expanded powers to combat the use of digital assets in illicit finance. 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...

Cybersecurity
Banks Shift From Vulnerable Channels Like SMS as Fraud Rises
November 28, 2023

Galileo Financial Technologies Chief Product Officer David Feuer told PYMNTS that there has been no shortage of money spent in the continuing, and perhaps eternal, battle against hackers, cybercriminals and online thieves. Get the Full Story Complete the form to unlock this article and enjoy...