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.
Fraud Prevention
The Data Point: 80% of Consumers Want Better Security for Their in-Demand Personal Data
June 07, 2022

If knowledge is power, then data is money. That is, data directs merchants and brands to who’s spending and on what, making it a precious substance in the commercial world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Fraud Prevention
Prove Identity Steps up Fight Against Authorized Push Payment Fraud in UK
June 07, 2022

Digital identification firm Prove Identity is partnering with financial firms and mobile carriers in the U.K. and using its Trust Score to step up the fight against authorized push payment (APP) fraud and scams. Get the Full Story Complete the form to unlock this article...

Fraud Prevention
The Data Point: 47% of Firms Say Growth Is Being Slowed Due to Fraud Fears
June 06, 2022

More business is going into digital channels and will continue to, and that fact is driving historic spikes in online fraud that are holding businesses back and costing opportunity in the process. Get the Full Story Complete the form to unlock this article and enjoy...

Fraud Prevention
PYMNTS Intelligence: Fighting Check and Payment Platform Fraud
June 06, 2022

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
NEW REPORT: Fraud — and Why 50 Percent of US Small, Middle Market Businesses Say...
June 06, 2022

Today’s businesses are not only battling economic uncertainty — they are also fighting fraud with tools that many feel are inadequate. Recent PYMNTS research reveals that nearly half of businesses are turning away new clients because they doubt their current anti-fraud measures are sufficient, yet...

Fraud Prevention
First Tech Federal Credit Union On Preventing ACH And Check Fraud
June 03, 2022

Digitizing payments has increased ease of use and transaction volumes, but both check and ACH fraud are still commonplace. In this month’s "Digital Fraud Tracker," PYMNTS talked with Seth Ruden, senior director of fraud operations for First Tech Federal Credit Union, about crafting a holistic...

Fraud Prevention
Fraud Execs Say ACH and Check Fraud Pose Ongoing FI Threat
June 02, 2022

Digital payments are quickly becoming the new normal, but there is still a sizable contingent of consumers that prefer cash or paper checks. A recent study found that the proportion of individuals leveraging digital payment methods hit 82% in 2021, an increase from 78% in...

Fraud Prevention
New Tech Helps Merchants, Banks Beat Back Rising Tide of Friendly Fraud
June 02, 2022

Sometimes the biggest threats come from the foes who pose as friends, spinning tales that seem legitimate and often urgent. And then comes the realization: Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Fraud Prevention
Banks’ Battle vs the Fraudsters May Be Won in the Cloud
June 01, 2022

David Excell, founder of Featurespace, tells Karen Webster how cloud-based and other advanced tech are finding scammers while also surfacing better insights so that legitimate customers have a better experience.