Cybersecurity

Cybersecurity
Competitors Become Collaborators in Fight Against Financial Crime
July 20, 2022

In financial services, the greater the surface area, the greater the chance the fraudsters will strike — and be successful. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Fraud Prevention
Study Finds Half of Retailers Turned Away New Business Customers Over KYB
July 20, 2022

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, you agree to receive marketing communications from PYMNTS and...

Cybersecurity
Banks’ Increased Liabilities on P2P Fraud May Have Silver Lining
July 19, 2022

Call it a reset on how the Consumer Financial Protection Bureau (CFPB) views authorized P2P fraud — and by extension, just who’s on the hook to make consumers whole. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Fraud Prevention
PYMNTS Intelligence: Protecting Against Promotion Abuse and Other Forms of First-Party Fraud
July 19, 2022

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Cybersecurity
FBI Warns Fake Crypto Apps Robbed Investors of Millions
July 19, 2022

The FBI is warning investors and financial institutions (FIs) that fraudulent cryptocurrency apps tricked 244 victims out of $42.7 million between October 2021 and May 2022. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Fraud Prevention
Ujji on Fighting First-Party Fraud and Coupon Abuse
July 18, 2022

In the July "Digital Fraud Tracker®," Jake Doering, founder of wellness drink company Ujji, tells PYMNTS how dynamic discount codes and tailored communications can help companies prevent the growing number of consumers who abuse merchant policies.

Fraud Prevention
The Data Point: 76% of Merchants Say Third-Party Dispute Resolution Is the Way to Go
July 15, 2022

With the surge of credit card transactions during the pandemic is the seemingly inescapable cascade of disputes and chargebacks that eat into profits and create back-office havoc. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Fraud Prevention
Merchants Walk Fine Line Policing $90B of Promotions Abuse
July 15, 2022

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, you agree to receive marketing communications from PYMNTS and...

Fraud Prevention
300 Merchants Share Best Practices on Resolving Costly Credit Card Disputes
July 14, 2022

Credit card transaction volume during the past two years has presented something of a model of the rest of the economy since the pandemic began — a sharp drop-off, followed by a rebound. Credit card transaction volume jumped 26% in 2021, and accompanying this increased...