Cybersecurity

Cybersecurity
Fixing Retail’s $600 Billion False Declines Problem When Fighting Fraud
May 27, 2022

Fighting fraud and pushing back cybercriminals has become the central focus of cybersecurity – and for very good reason. Cybercriminals have proven themselves to be resourceful, technologically advanced and disturbingly successful at leveraging digital tools, making off with staggering sums in ill-gotten gains. Pushing back...

Cybersecurity
UK Payment Regulator Expands Plan to Fight Authorized Push Payment Fraud
May 26, 2022

The U.K. Payment Systems Regulators (PSR) announced on Tuesday (May 24) that it will need to delay an important deadline for companies to comply with new requirements to fight authorized push payment (APP) fraud. However, the regulator is planning to expand the number of companies...

Cybersecurity
NY Indicts 41 in Alleged Shoplifting Ring That Resold on eBay
May 26, 2022

New York authorities are saying they’ve taken down an organized shopping ring that was stealing high-end items and reaping “millions of dollars,” Financial Times reported Thursday (May 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cybersecurity
Scammers Used Twitter’s Crypto Community to Steal Information
May 26, 2022

Scammers are hijacking Twitter accounts to promote questionable cryptocurrency platforms that let them compromise their victim’s information. 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...

Cybersecurity
AI, Passive Authentication Are ‘Game Changers’ for Frictionless Commerce
May 26, 2022

The best fraud prevention goes on in the background — stopping the bad actors, quietly, while enhancing the customer experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cybersecurity
FinTechs Get Zero-Fraud Guarantee for Inbound Digital Transfers
May 24, 2022

Long live the digital transformation — given that it’s secure. 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...

Cybersecurity
Mastercard Touts Value of ‘War Games,’ Simulations in Prepping for Cyberattacks
May 24, 2022

The best way for enterprises to battle frauds, bot attacks, synthetic ID attacks … 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...

Cybersecurity
EVmo: Recession May Boost Demand for Ridesharing Services, Rental Vehicles
May 23, 2022

An economic downturn may boost the demand for both ridesharing services and the vehicles that some of the gig economy drivers rent, according to executives at rental vehicle provider EVmo.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Fraud Prevention
Outsourced Dispute Resolution Services Lowered Credit Card Dispute Losses by a Third
May 23, 2022

The average business has lost nearly one-half of one percent (0.43%) of its credit card payment revenue to card transaction disputes in the past 12 months, according to “Dispute-Prevention Solutions,” a PYMNTS and Verifi collaboration based on a survey of 301 merchants in four business...