Transactions have moved more digital, changing the fraud landscape. Financial institutions (FIs) have made real progress in holding off fraudsters attempting to exploit the digital shift. Our multiyear analysis finds that fraud related to more routine digital payments has decreased markedly over the last three...
The fraudsters come in droves, inundating would-be victims across all manner of attack vectors, from phishing scams to bots. And in the process there’s a significant amount of information being thrown at banks and consumers across digital channels, said David Excell, founder of Featurespace, in...
The fraudsters are getting ever bolder — and attacking businesses and financial institutions (FIs) at scale. Part of their secret to success is their ability to adapt. Which raises the question: How can the good guys adapt? Get the Full Story Complete the form to...
When it comes to digital commerce, payers and businesses are clear on one thing: they want checkout to be fast, safe and simple. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Given the chance, most consumers will choose digital payments over paper checks. Yet the check endures, expensive to make and mail and manage, and they often sit uncashed at the back of a drawer for weeks and even months. Get the Full Story Complete the...
Procurement fraud is a growing problem in B2B transactions, and it’s even hitting Uncle Sam. 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,...
Transactions are built atop a first principle of trust. And the faster transactions happen, the stronger that trust needs to be. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Corsight has launched a solution that uses facial recognition and artificial intelligence (AI) to combat a form of retail theft in which employees give unauthorized discounts or free items to people they know. Get the Full Story Complete the form to unlock this article and...
Financial scams have never been more prevalent, but quality data on the number of victims and scale of their losses remains limited. For consumer-facing financial institutions (FIs), understanding the true scale of these scams is critical to protecting their customers. Get the Full Story Complete...
