Cybersecurity

Cybersecurity
Why Business Email Compromise Scams Target Valuable B2B Relationships
August 14, 2024

Email remains a cornerstone of communication, especially within business-to-business (B2B) relationships. This reliance on email, however, has also made it a prime target for savvy cybercriminals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cybersecurity
Collaborative Defense: The Role of ‘Intelligent Friction’ and AI in Fraud Prevention
August 13, 2024

Every now and then, an executive in the payments business comes up with a catchphrase that captures a complex concept, and you know it’s going to resonate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Fraud Prevention
77% of Consumers Expect Banks to Use AI to Fight Fraud
August 12, 2024

Real-time payments, known for their speed and immediacy, have faced adoption hurdles primarily due to perceptions about security. As financial institutions (FIs) and payments providers grapple with balancing rapid transaction processing with stringent security measures, artificial intelligence (AI) emerges as a crucial tool in overcoming...

Cybersecurity
Block to Pay Cash App Users Up to $2,500 in Data Breach Settlement
August 11, 2024

Cash App users may be eligible for part of a multimillion-dollar settlement from the company. 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
Putting ‘Scam Dens’ Out of Business Means Using AI to Fight AI
August 09, 2024

Fraud has become, to put it mildly, big business. 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,...

Cybersecurity
Banks and Their Tech Suppliers Face More IT Scrutiny in Europe
August 08, 2024

Banks and their IT providers will soon face tougher scrutiny in the European Union (EU). 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,...

Fraud Prevention
Report: CFPB Probe of Zelle Expected to Include BofA and Wells Fargo
August 07, 2024

The Consumer Financial Protection Bureau (CFPB) is reportedly looking into how some of the biggest U.S. banks handle complaints from customers who dispute transactions made through Zelle. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cybersecurity
Scammers Target Olympic Venue With Ransomware Attack
August 06, 2024

French police are reportedly investigating a ransomware attack at a Paris Olympic venue. 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....

Cybersecurity
German Prosecutors Charge 2 Former Wirecard Executives With Embezzlement
August 06, 2024

Four years after the collapse of online payments company Wirecard, German prosecutors have reportedly charged two more of the firm’s former executives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...