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.
Financial Scams Are the New Customer-Churn Crisis for Banks
Fraud Prevention
Financial Scams Are the New Customer-Churn Crisis for Banks
November 10, 2025

“Financial Scams and Consumer Trust,” a PYMNTS Intelligence report commissioned by Block, examines how the rise of digital scams is undermining the confidence powering everyday banking, commerce and payments. Drawing on a survey of 15,110 United States consumers conducted from Sept. 9, 2025, to Sept....

Inside the ‘Perfect Storm’ Disrupting Fraud and Risk Management
Fraud Prevention
Inside the ‘Perfect Storm’ Disrupting Fraud and Risk Management
October 30, 2025

In financial services, milliseconds can make or break both transactions and relationships. 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...

Bad Customer Service Drives 85% of Consumers to Seek Chargebacks
Fraud Prevention
Bad Customer Service Drives 85% of Consumers to Seek Chargebacks
October 30, 2025

For years, merchants treated fraud prevention like seasonal window dressing — a necessary expense to get through the holiday rush. But this year’s PYMNTS Intelligence-Worldpay Payments Optimization Tracker, “Securing the Season: Fighting Fraud Without Losing Customers,” shows that strategy no longer works. What began as...

Mastercard Debuts Threat Intelligence Solution for Issuers and Acquirers
Fraud Prevention
Mastercard Debuts Threat Intelligence Solution for Issuers and Acquirers
October 27, 2025

Mastercard has introduced a threat intelligence solution designed to help cybersecurity and fraud teams at issuing and acquiring banks combat payment fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Authorized Push Payment Fraud Losses in UK Rise 12%
Fraud Prevention
Authorized Push Payment Fraud Losses in UK Rise 12%
October 24, 2025

Authorized push payment (APP) fraud drove an increase in losses to payment fraud and scams in the first half of the year in the United Kingdom. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Romance Fraud Reports Increase 9% in UK
Fraud Prevention
Romance Fraud Reports Increase 9% in UK
October 17, 2025

Payment service providers and online platforms have roles to play in combating romance fraud, the United Kingdom’s Financial Conduct Authority said Friday (Oct. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Data Beats Instinct in the Race to Outrun Fraudsters
Fraud Prevention
Data Beats Instinct in the Race to Outrun Fraudsters
September 25, 2025

Watch more: Digital Shift: Entersekt, Steve Bledsoe 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...

Regulators’ Call Spurs Wide-Ranging Comments on Payments Fraud
Fraud Prevention
Regulators’ Call Spurs Wide-Ranging Comments on Payments Fraud
September 23, 2025

Fraud continues to plague the payments system — and regulators are asking for answers. Banks, credit unions and payment networks responded to a joint Request for Information (RFI) from the Office of Comptroller of the Currency (OCC), the Federal Reserve, and the Federal Deposit Insurance...

Risk Experts Tell Congress Banks Need to Unify Against Fraud
Fraud Prevention
Risk Experts Tell Congress Banks Need to Unify Against Fraud
September 18, 2025

Fraudsters, aided by advanced technologies, pose a pervasive and escalating threat to the financial system, financial services and risk experts told lawmakers on Capitol Hill Thursday (Sept. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...