The Connected Economy has relied on a few supposedly stable assumptions as it scaled. One of the most crucial was that if systems could authenticate users, encrypt communications and validate transactions, trust would scale alongside connectivity. Get the Full Story Complete the form to unlock...
The European Consumer Organisation (BEUC), a consumer group in the European Union, said in a Thursday (May 21) press release that Google, Meta and TikTok did not protect consumers from scams. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Apple’s App Store prevented $2.2 billion in fraudulent transactions last year. 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...
Artificial intelligence is changing the economics of cybercrime, giving scammers and fraudsters a faster way to scale attacks that companies already struggle to stop. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Conventional wisdom has long held that larger enterprises possess natural advantages in cybersecurity and fraud prevention. Bigger budgets, deeper technical teams and greater access to advanced tooling should theoretically produce stronger defenses. Get the Full Story Complete the form to unlock this article and enjoy...
The World Economic Forum said cybersecurity threats have become a systemic risk to the global economy. 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...
Anthropic will reportedly meet with financial regulators about cyber defense weaknesses uncovered by its artificial intelligence model. 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...
The April hacks of crypto companies Drift and Kelp DAO have shaken the crypto sector because those attacks may have been aided by artificial intelligence (AI), Bloomberg reported Friday (May 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Artificial intelligence is becoming part of the everyday operating system of financial services, from fraud detection and identity checks to customer service and transaction monitoring. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...