Fraud Prevention

Preventing fraud can include keeping your personal items and information safe, and safely navigating the internet. Keeping personal information secure is one of our most important responsibilities, and is the act of stopping various types of internet fraud. Due to the many different ways of committing fraud over the Internet, such as stolen.
Congress Urged to Reform AML Rules, Repeal Corporate Transparency Act Amid Rising Fraud Costs
Fraud Prevention
Congress Urged to Reform AML Rules, Repeal Corporate Transparency Act Amid Rising Fraud Costs
April 01, 2025

Witnesses from the ranks of business and banking told lawmakers that efforts to fight payment and investment scams must be aided by a “whole government” approach, along with fine-tuning of suspicious activity reporting — in addition to a repeal of the Corporate Transparency Act. Get the...

UK Banks Agree to Improve Data-Sharing in Anti-Fraud Battle
Fraud Prevention
UK Banks Agree to Improve Data-Sharing in Anti-Fraud Battle
March 31, 2025

British banks, tech companies and telecoms are reportedly pledging to increase their data-sharing on 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 daily newsletter,...

77% of Banks Considering Tap-To-Authenticate Technology to Stop Fraud
Fraud Prevention
77% of Banks Considering Tap-To-Authenticate Technology to Stop Fraud
March 14, 2025

America’s banks are under siege, and the enemy is invisible. Authentication-based fraud is skyrocketing, leaving financial institutions scrambling to fight back against an epidemic of stolen identities, hacked passwords and unauthorized transactions. Get the Full Story Complete the form to unlock this article and enjoy...

Faster Payments Get Faster Fraud Defense
Fraud Prevention
Faster Payments Get Faster Fraud Defense
March 12, 2025

Faster payments means faster fraud, at least that’s the fear. 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...

Visa Says New Anti-Fraud Unit Blocked $350 Million in Scam Attempts
Fraud Prevention
Visa Says New Anti-Fraud Unit Blocked $350 Million in Scam Attempts
March 11, 2025

Visa says its new anti-fraud disruption department saved potential victims $350 million last year. 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...

Banks Outmaneuver Fraudsters by Beefing Up Human Intelligence
Fraud Prevention
Banks Outmaneuver Fraudsters by Beefing Up Human Intelligence
March 10, 2025

The payments landscape is more sophisticated than ever, but so are fraudsters. 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...

Report: Riskified Considering Sale After Receiving Takeover Interest
Fraud Prevention
Report: Riskified Considering Sale After Receiving Takeover Interest
March 06, 2025

Fraud prevention software firm Riskified is reportedly exploring a sale and other options. 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....

Behavioral Analytics Inject ‘Smart Friction’ Into Battle Against Scams and Payments Fraud
Fraud Prevention
Behavioral Analytics Inject ‘Smart Friction’ Into Battle Against Scams and Payments Fraud
March 05, 2025

Scams against banks and their customers have exploded. 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...

FTC Lawsuit Temporarily Halts ‘Phantom Debt Collection’ Scheme
Fraud Prevention
FTC Lawsuit Temporarily Halts ‘Phantom Debt Collection’ Scheme
March 03, 2025

The Federal Trade Commission (FTC) said Monday (March 3) that its lawsuit led a federal court to temporarily halt the operations and freeze the assets of a “phantom debt collection” scheme and its operators. Get the Full Story Complete the form to unlock this article...