At this point, it’s not a matter of if a business will be victimized by fraud; it’s a matter of when. That air of inevitability, though, doesn’t mean company leaders should sit back and let it happen to them. Get the Full Story Complete the...
More business is going into digital channels and will continue to, and that fact is driving historic spikes in online fraud that are holding businesses back and costing opportunity in the process. Get the Full Story Complete the form to unlock this article and enjoy...
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Today’s businesses are not only battling economic uncertainty — they are also fighting fraud with tools that many feel are inadequate. Recent PYMNTS research reveals that nearly half of businesses are turning away new clients because they doubt their current anti-fraud measures are sufficient, yet...
Crypto fraud claimed more than $1 billion in losses from consumers between January 2021 and March 2022, according to a Friday (June 3) press release from the Federal Trade Commission (FTC). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Digitizing payments has increased ease of use and transaction volumes, but both check and ACH fraud are still commonplace. In this month’s "Digital Fraud Tracker," PYMNTS talked with Seth Ruden, senior director of fraud operations for First Tech Federal Credit Union, about crafting a holistic...
Wells Fargo and money transfer service Zelle are facing a class-action lawsuit on allegations of violating the Electronic Fund Transfer Act and California’s Unfair Competition Law, according to the legal proceedings filed by Kazerouni Law Group. Get the Full Story Complete the form to unlock...
Proposed cybersecurity rules from China could make it hard for Western financial companies to operate as their data would be vulnerable to hacking and other risks, according to a industry group, Reuters reported Thursday (June 2). Get the Full Story Complete the form to unlock...
Security is an essential component in determining whether a consumer trusts their financial provider, but so too is a good user experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
