Payments used to be judged by whether they moved money quickly. Now they are judged by how well they make decisions before, during and after a transaction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Life comes at you fast, and so does money. That’s creating a growing problem for banks and their fraud, financial crime and cybersecurity defense perimeters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Banking regulators are warning that frontier AI models could threaten the financial system. 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....
Every artificial intelligence (AI) platform that stores a payment method and adds a gifting feature has created a new monetization surface for account takeover fraud. Claude users are discovering gift subscriptions they never bought showing up as charges on their credit cards, The Guardian reported...
LexisNexis Risk Solutions and Promon are working together to help organizations protect their mobile apps from fraud. 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...
Sen. Mark Warner, D-Va., vice chair of the Senate Select Committee on Intelligence, has called on the Department of Homeland Security (DHS) and the Department of Justice (DOJ) to look into a recently revealed breach of a DHS information-sharing network. Get the Full Story Complete the form to unlock this...
Visa debuted a solution designed to help financial institutions spot cyberthreats and prevent fraud, according to a Thursday (July 2) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Fraud used to sit in the back office. Now it has a front-row seat in the issuer growth strategy. Every blocked purchase, failed dispute or scam that slips through can weaken the cardholder relationship. That makes fraud prevention more than a risk-control function. It’s now...
The Aspen Institute Financial Security Program (Aspen FSP) has launched a new effort focused on reducing the scale and severity of scams affecting Americans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
