Fraud Prevention

Fraud Prevention
As Fraud Rates Rise, Businesses’ Worst Threat May Be in Their Inboxes
April 26, 2023

Despite the increasingly sophisticated weapons fraudsters have on hand to execute their scams, business email compromise (BEC) attacks remain one of their most effective ploys. The FBI estimates U.S. businesses lost $2.4 billion to BEC schemes, in which fraudsters pretend to be a supplier or other...

Fraud Prevention
ACI Worldwide Promotes Fraud Protection Ahead of FedNow Launch
April 18, 2023

Payments company ACI Worldwide has added its fraud protection service to its Real-Time Payments Cloud. 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
Alacriti and Socure Team to Prevent Payment ID Fraud
April 13, 2023

Payments FinTech Alacriti has teamed with Socure to prevent identity fraud in instant payments. 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
Riskified and Deloitte Partner to Offer Anti-Fraud Insights
April 13, 2023

Riskified has teamed with Deloitte to give eCommerce merchants better insight into their anti-fraud measures. 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
PYMNTS Intelligence: How SMBs Can Fight the Fraud Threats of Remote Work
April 04, 2023

Remote working was a boon to businesses during the pandemic, as technology allowed many companies to remain productive when much of the world was shutting down. Along with greater technological dependence, however, came greater threats to organizations, such as cyberattacks, data breaches, fraud, bribery and corruption. The widespread use of personal devices,...

Fraud Prevention
As Remote Work and Travel Normalize, SMBs Tackle Challenge of Payment Fraud
April 03, 2023

Nearly nine in 10 companies say remote work has given bad actors a new way to find and exploit weak fraud and security measures, a challenge that SMBs may not be fully prepared to address, Michael Nardy, CEO at Electronic Payments, explains.

Fraud Prevention
Remote Work Forces Small Businesses to Level Up Their Fraud Game
March 31, 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, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Fraud Prevention
Open Banking Account Verification Builds the ‘Foundation’ for Fighting Fraud
March 29, 2023

The benefits of open banking are multi-faceted, Ramesh Menon, group director, product management of LSEG Digital Identity/Account Verification and Fraud Solutions, told PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Fraud Prevention
Visa Head of Fraud Services on Protecting Consumers From Hacker Scams
March 28, 2023

The good news is that today’s payment landscape is becoming faster, easier, and more digital. 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,...