Cybersecurity

Fraud Prevention
Strong Customer Authentication Drives 4% Decline in UK Fraud Losses
May 23, 2024

Financial services industry initiatives helped drive down fraud losses in the United Kingdom 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 required. yesSubscribe to our daily newsletter,...

Fraud Prevention
Mastercard Uses AI to Solve ‘Jigsaw’ of Credit Card Fraud
May 22, 2024

Mastercard says it is using generative AI to more quickly detect compromised credit cards. 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....

Fraud Prevention
Better Together: Embracing Data Consortiums to Prevent Payments Fraud
May 21, 2024

Teamwork makes the dream work. At least in some cases.  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...

Fraud Prevention
Shoppers Seek ‘Next-Gen Fraud Strategies’ From eCommerce Merchants
May 20, 2024

Amid ongoing fraud concerns in eCommerce, advanced, data-driven prevention strategies can be crucial for protecting shoppers and enhancing their retail experiences, driving loyalty. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cybersecurity
SEC: Data Breaches at Financial Institutions Must Be Reported in 30 Days
May 19, 2024

New federal regulations give some financial institutions (FIs) a tighter deadline for reporting security breaches. 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
Proof and Socure Team to Combat Fraud on Consumer Forms
May 16, 2024

Online notarization firm Proof has launched a partnership with digital identity verification provider Socure. 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...

Cybersecurity
Customer Satisfaction Concerns Drive eCommerce Merchants’ Security Upgrades
May 15, 2024

Ninety-five percent of eCommerce merchants have either already started enhancing their anti-fraud resources or plan to do so before the year is out. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cybersecurity
British Payments Sector Protests Fraud Reimbursement Rules
May 15, 2024

The U.K. payments sector is protesting the government’s plan to have companies reimburse fraud victims. 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
Prove: Spike in Business Identity Theft Calls for Phone-Based Approach to Authentication
May 15, 2024

As the company that laid claim to the concept of “digital identity” more than 10 years ago, Prove Identity takes verification seriously, even when it’s not. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...