Blockchain data platform Chainalysis has started a new subsidiary, Chainalysis Government Solutions, to advise U.S. defense, intelligence, law enforcement and civilian agencies, a company post said July 27. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Cybercriminals engaged in ransomware-as-a-service (RaaS) have been forced to pivot in how they run their fraudulent operations, as fewer victims coughed up payments this year and law enforcement, regulators and security firms stepped up pressure and tactics. Get the Full Story Complete the form to...
Financial firms — including banks and trading houses — are becoming increasingly victimized in attacks where hackers aim to use their computer systems to mine cryptocurrencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Financial institutions (FIs) in several countries have begun to launch information-sharing platforms in an effort to better spot fraud and money laundering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
What you don’t know can cost you coming and going. Businesses failing to authenticate identity in B2B transactions are prime fraud targets on the one hand, while on the other, an obscured view of fraud attacks finds more B2B businesses declining good customers due to...
Credit card chargebacks and the resulting revenue loss are major headaches for merchants, according to “Dispute-Prevention Solutions,” a PYMNTS and Verifi collaboration based on a survey of 301 merchants whose annual revenues from web-based or mobile app sales ranged from $20 million to more than...
Roughly a half-million dollars was seized on behalf of healthcare providers that reportedly paid ransom to North Korean hackers, the U.S Department of Justice said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
When it comes to artificial intelligence (AI), being behind the technology curve not only leaves banks more vulnerable to financial crimes, but the lag can also trigger some raised eyebrows from regulators. Get the Full Story Complete the form to unlock this article and enjoy...
For banks and for the FinTechs, the first moments of engagement are among the most critical. 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...