Artificial intelligence (AI) identity verification startup Jumio has launched an intuitive, no-code orchestration layer for its KYX Platform that pulls together a full suite of risk and fraud detection tools, the company said in a press release emailed to PYMNTS. Get the Full Story Complete...
Scammers stole about $27 million from Amazon customers between July 2020 and June 2021 through about 96,000 incidents reported to the Federal Trade Commission, according to a blog post on the FTC’s website. Get the Full Story Complete the form to unlock this article and...
Merchants across the globe are expected to lose more than $20 billion to fraud in 2021 alone, a staggering amount indicating the rising menace digital fraud poses to businesses and individuals. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
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Hollywood-style image manipulation that used to require a huge investment and a team of talented people with above-average expertise can now be attained by anyone with a smartphone. Developments like these, which have gained attention following a spate of high-profile deepfake videos being posted on...
Social media scraping and automated fraud attacks have deemed old-school single-layer defense systems ineffective. In this month’s Digital Fraud Tracker, Georgetown cybersecurity Prof. Chuck Brooks tells PYMNTS how a mix of drills, training and separated siloes are the best way to send phishermen home empty-handed.
The U.S. Financial Crimes Enforcement Network (FinCEN) has revealed that more than $5 billion in bitcoin transactions were linked to ransomware payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
“Forty percent of shoppers who are declined on their first visit won’t return, and one-third will end up seeking out the competition,” says Liron Damri, president and co-founder of Forter. In “The Way Payments Are Now Done,” Damri and 32 other industry executives share their...
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...
