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.
Half of Merchants Say Managing the Cost of Chargebacks Is Their Biggest Problem
Fraud Prevention
Half of Merchants Say Managing the Cost of Chargebacks Is Their Biggest Problem
May 22, 2023

When half of merchants report wrestling with their most costly and contentious problem, it demands attention. Chargebacks are just such an issue and one that merchants, and their payment partners, want and need to bring under control. Get the Full Story Complete the form to...

Apple: App Store Blocked $2+ Billion in Fraud in 2022
Fraud Prevention
Apple: App Store Blocked $2+ Billion in Fraud in 2022
May 17, 2023

Apple says it prevented more than $2 billion in fraudulent app store transactions 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,...

ComplyAdvantage Debuts AI-Powered Fraud Fighting Tool
Fraud Prevention
ComplyAdvantage Debuts AI-Powered Fraud Fighting Tool
May 16, 2023

ComplyAdvantage says it is using artificial intelligence (AI) to ferret out financial crime. 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....

CCC and Verisk Team to Tackle Auto Insurance Fraud
Fraud Prevention
CCC and Verisk Team to Tackle Auto Insurance Fraud
May 09, 2023

CCC Intelligent Solutions and Verisk have partnered to combat a $308 billion problem: insurance 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,...

As Fraud Rates Rise, Businesses’ Worst Threat May Be in Their Inboxes
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...

ACI Worldwide Promotes Fraud Protection Ahead of FedNow Launch
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,...

Alacriti and Socure Team to Prevent Payment ID Fraud
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...

Riskified and Deloitte Partner to Offer Anti-Fraud Insights
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,...

PYMNTS Intelligence: How SMBs Can Fight the Fraud Threats of Remote Work
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,...