Security & Fraud

Security & Fraud
Advanced Tech and Data-Sharing Key Allies in Combating Sophisticated Fraud Scams
April 30, 2024

From safeguarding online purchases to strengthening eCommerce ecosystems, strong customer authentication (SCA) helps confirm remote electronic transactions, reshaping the digital commerce landscape. 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...

Security & Fraud
UnitedHealth CEO Andrew Witty to Testify Before Congress on Cyberattack
April 29, 2024

UnitedHealth Group CEO Andrew Witty will testify before two Congressional committees Wednesday (May 1), addressing the cyberattack that hit the company’s Change Healthcare unit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
Spike in Identity Fraud Forces Banks to Embrace Innovation
April 23, 2024

To the hammer of a bad actor, everything vulnerable looks like a nail. 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....

Security & Fraud
Air Travelers Help Fuel $2 Trillion Global Money Laundering System
April 21, 2024

Each year, money launders funnel $2 trillion in ill-gotten gains into the financial system. 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...

Security & Fraud
Senators Press Banks for Better Defenses Against Wire Fraud
April 19, 2024

The looming specter of wire fraud has spurred lawmakers to press big banks for better defenses against bad actors — and a detailing of the impact the scams have had on consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
German Agency Criticizes EY’s Audits of Wirecard
April 19, 2024

A German regulator has reportedly concluded that EY’s audit work and quality control regarding the now-defunct payments firm Wirecard was marked by “grave” and “repeated” violations of professional duties. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
UnitedHealth Reports Processing Issues at Change Healthcare
April 18, 2024

Change Healthcare’s troubles are apparently not over. 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...

Security & Fraud
Cognizant and FICO to Launch Real-Time Payments Fraud Prevention Solution
April 17, 2024

Cognizant and FICO plan to launch a cloud-based real-time payments fraud prevention solution designed for North American banks and other payment service providers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
43% of eCommerce Execs Say Two-Factor Authentication Can Mitigate Fraud
April 17, 2024

It’s imperative for eCommerce merchants serving international markets to be able to complete frictionless cross-border transactions. However, since these merchants must also fend off fraudsters, they must find and employ fraud prevention tools that do not disrupt consumer transactions.  Get the Full Story Complete the...