Fraud Prevention

Fraud Prevention
NATO Cybersecurity Push Promises Lessons For Payments And Commerce
October 17, 2018

The business of payments and commerce is not war — despite all that tough motivational talk that insists otherwise, almost always from people who’ve never suffered through combat — but war, and the preparation for it, has a way of influencing business. Just look at the...

Fraud Prevention
Why Digital ID Is A Sports-Gambling Sure Bet
October 16, 2018

Few things make a sporting event more interesting than wagering a few bucks (or more) — whether it be a football game between two mediocre teams or a baseball playoff. That’s just a fact of life, known since the first cavemen competed to see who...

Fraud Prevention
Why Machines Need Humans To Beat Online Fraud
October 03, 2018

Fraudsters are nothing if not actors. Some of them are quite good, perhaps even worthy of an Oscar (or at least a Golden Globe), while others remain stuck on the level of grade-schoolers doing a poor imitation of their siblings. None of this is meant...

Fraud Prevention
Look-Alike Domains Emerge As Huge Holiday Fraud Threat
September 27, 2018

Look-alike domains are increasingly finding favor with criminals eager to rip off online shoppers, according to a new report from Venafi, a cybersecurity firm. Its research found that the “total number of certificates for look-alike domains is more than 200 percent greater than the number...

Fraud Prevention
Fake ID Docs Sold On Websites Targeted By Feds
September 19, 2018

Discussions about ID theft often involve hackers and cyberattacks gaining access to consumer and payment data. But action from the U.S. Federal Trade Commission (FTC) on Tuesday (Sept. 18) showed how eCommerce can enable other forms of ID theft. The federal agency said it shut...

Fraud Prevention
Why Strong Authentication Fights Fraud, But Consumers Prefer Convenience
September 13, 2018

Doppelgängers are real — but they’re not phantom twins in pre-modern German fairy tales: they are online, and they can be used to steal digital identities. Since the 2017 Equifax scandal, consumers know all too well that their data is up for grabs somewhere on...

Fraud Prevention
Facebook Privacy And Waning Consumer Trust In The ‘Wild West’ Of Intrusive Apps
September 11, 2018

Who are you? And who do you want to be — especially before disparate audiences and peer groups? Don’t worry — this is not an intro to a freshman philosophy class (a fair number of philosophy majors make bank with hedge funds and tech, though,...

Fraud Prevention
Helping Banks Find Fraudsters-In-Waiting
September 10, 2018

Banking during the pre-digital days involved transport. One had to visit a branch — and remember, there is a reason people still joke about bankers’ hours — wait for an employee and fill out paperwork. But in a new PYMNTS interview, DataVisor CEO and Co-Founder Yinglian...

Fraud Prevention
Phishing Amid The Sea Of Invoice Fraud
August 24, 2018

If the saying is that there is nothing new under the sun, only new ways to say it, then let’s extend the sentiment to payments. There’s nothing new under the sun.  There are just new ways to steal it. The fact remains that technology has...