Cybersecurity

Cybersecurity
Refund Fraud Schemes Proliferate on Apps Like Telegram
September 11, 2024

Last month’s arrest of Telegram CEO Pavel Durov spotlighted the platform’s ties to criminal activity. 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,...

Cybersecurity
Revolut Sees Jump in Scam Complaints as APP Fraud Grows
September 11, 2024

Revolut enjoys the distinction of being the most valuable FinTech in Europe. 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...

Cybersecurity
Finexio and Unimarket Launch Payment Risk Assessment and Management Tool
September 11, 2024

Finexio and Unimarket have partnered to launch a payment risk assessment and management tool. 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
Banking-as-a-Service Focus Turns to Managing Financial Crime Risks
September 11, 2024

If you’re tracking year-to-date news stories, Banking-as-a-Service (BaaS) has been in the hot seat. 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...

Fraud Prevention
Galileo Deploys Anti-Fraud Tools for Banks and FinTechs
September 10, 2024

Galileo has introduced a pair of anti-fraud tools for banks, FinTechs and businesses. 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...

Cybersecurity
FBI Says 50% of All Financial Fraud Losses Involve Cryptocurrency
September 09, 2024

The number of cryptocurrency-related complaints accounted for 10% of all financial fraud complaints but 50% of the total losses in 2023. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cybersecurity
5 States Settle With GSB Group After Investigating Digital Assets Offering
September 09, 2024

Five states have settled their actions against organizations collectively known as GSB Group and their chairman of the board Josip Heit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Fraud Prevention
Cooking the Books: Preventing Insider Fraud With Back-Office Automation
September 09, 2024

2024 was the year cybersecurity evolved from an IT function to an organization-wide risk issue. 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,...

Cybersecurity
FinCEN Says Banks Reported $688 Million in Mail Theft-Related Check Fraud
September 09, 2024

Mail theft-related check fraud amounted to more than $688 million in a recent six-month period. 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,...