Cybersecurity

Fraud Prevention
Basware Debuts AI-Powered Fraud Prevention Tool
April 22, 2024

Accounts payable (AP) automation company Basware has launched a new fraud/error protection solution. 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
Air Travelers Help Fuel $2 Trillion Global Money Laundering System
April 21, 2024

Each year, money launders funnel $2 trillion in ill-gotten gains into 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...

Cybersecurity
Senators Press Banks for Better Defenses Against Wire Fraud
April 19, 2024

The looming specter of wire fraud has spurred lawmakers to press big banks for better defenses against bad actors — and a detailing of the impact the scams have had on consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cybersecurity
German Agency Criticizes EY’s Audits of Wirecard
April 19, 2024

A German regulator has reportedly concluded that EY’s audit work and quality control regarding the now-defunct payments firm Wirecard was marked by “grave” and “repeated” violations of professional duties. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cybersecurity
UnitedHealth Reports Processing Issues at Change Healthcare
April 18, 2024

Change Healthcare’s troubles are apparently not over. 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...

Cybersecurity
Cognizant and FICO to Launch Real-Time Payments Fraud Prevention Solution
April 17, 2024

Cognizant and FICO plan to launch a cloud-based real-time payments fraud prevention solution designed for North American banks and other payment service providers. 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
Digital Payments Turn the Tables on Check Scams
April 17, 2024

Despite the prevalence of digital alternatives, checks continue to be a preferred payment method for many organizations. 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...

Cybersecurity
43% of eCommerce Execs Say Two-Factor Authentication Can Mitigate Fraud
April 17, 2024

It’s imperative for eCommerce merchants serving international markets to be able to complete frictionless cross-border transactions. However, since these merchants must also fend off fraudsters, they must find and employ fraud prevention tools that do not disrupt consumer transactions.  Get the Full Story Complete the...

Cybersecurity
Congress Calls for Proactive Policies to Combat Security Breaches
April 16, 2024

The internet looks very small to an attacker, but massive to a defender. And a persistent reality of the 21st century’s connected economy is that many digital doors are left open for bad actors and cyber adversaries to walk through as they see fit.  Get...