Cybersecurity

Fraud Prevention
Banks and Payment Firms Tap AI to Combat Fraud Amid Surge in Sophisticated Financial Crime
September 14, 2023

The rise of digital banking and faster digital payment methods has brought about increasingly sophisticated fraud and financial crime.  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...

Fraud Prevention
Finastra Debuts Compliance-as-a-Service to Combat Fraud
September 14, 2023

Financial software firm Finastra has debuted a “Compliance-as-a-Service” solution for banks. 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,...

Cybersecurity
‘Scattered Spider’ Named as Likely Suspect in MGM Resorts Hack
September 14, 2023

Authorities have reportedly identified the source of the hack that crippled Las Vegas’ biggest casino group. 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...

Fraud Prevention
Fraudulent UK COVID Loans Jump in Value
September 14, 2023

The British government has seen a spike in the value of fraudulent COVID emergency loans. 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,...

Cybersecurity
How AI Helps Banks Win the Escalating Fraud Arms Race
September 14, 2023

If the pace of innovation today were an athlete, it would be Usain Bolt. 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...

Fraud Prevention
Fraud Losses From Impersonator Scams Double For Largest US Banks
September 14, 2023

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Cybersecurity
Report: Caesars Entertainment Paid $15 Million Ransom After Cyberattack
September 13, 2023

Caesars Entertainment, the operator of Caesars Palace in Las Vegas, reportedly fell victim to a cyberattack during the summer and paid a ransom of approximately $15 million to the hackers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cybersecurity
MGM Resorts Hack Becomes Hassle for Vacationers Who Must Use Cash
September 13, 2023

The cyberattack on MGM Resorts is still reportedly causing trouble for travelers. 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
Visa Investment Helps Form3 Expand Anti-Fraud Efforts
September 12, 2023

Account-to-account (A2A) platform Form3 says Visa is a believer in its anti-fraud efforts. 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....