Fraud Prevention

Fraud Prevention
GenAI Fuels New Wave of Sophisticated Financial Fraud
April 16, 2025

Fraud is getting more sophisticated, thanks to artificial intelligence (AI). 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...

Fraud Prevention
Acquirers Step Up Battle Against Fraud With GenAI, Biometrics Push
April 14, 2025

For merchants seeking to deliver a seamless omnichannel experience to their consumers, fraud remains a persistent concern. And while they look to acquirers to offer up the payment innovations that help satisfy customers’ desires to transact digitally on their mobile devices, they also want acquirers...

Fraud Prevention
Metal Payment Cards Move From Luxury to Everyday as Fraud Fears Deepen
April 10, 2025

For decades, consumers have been bombarded with security advice designed to keep their financial data safe. 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...

Fraud Prevention
Banks Say Debit Card and Check Fraud Attacks Are Gaining Momentum
April 08, 2025

PYMNTS Intelligence data has detailed the continuing appeal of debit cards as preference for everyday spending, prized for convenience and as a way to spend cash on hand, rather than tapping credit (and adding to monthly debt burdens). Get the Full Story Complete the form...

Fraud Prevention
Hawk Raises $56 Million to Help Banks Counter Financial Crime
April 08, 2025

Fraud and money laundering prevention provider Hawk has raised $56 million in new funding. 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
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...

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,...

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...

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...