Security & Fraud

Security & Fraud
Criminals Target Big Ticket Transactions in Commercial Banking Fraud Surge
February 05, 2024

What’s better than $10,000? Try $25 million. 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
Cybera and Chainalysis Partner to Help Organizations Prevent Financial Cybercrime
February 05, 2024

Cybera, a provider of advanced reporting and prevention tools, has launched a strategic integration with Chainalysis, a blockchain data platform, to equip government agencies and compliance teams with enhanced insights to combat scams and prevent financial cybercrime.  Get the Full Story Complete the form to unlock...

Security & Fraud
National Bank of Romania Warns Consumers About Deepfake Videos
February 05, 2024

Romania’s central bank governor, Mugur Isarescu, found himself unwittingly associated with false financial recommendations after being targeted by a deepfake video. 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
Report: Identity Theft Indictments Include Conspirators in $400 Million FTX Hack
February 02, 2024

Three individuals have been indicted for their involvement in an identity theft conspiracy, which reportedly included a $400 million hack of cryptocurrency exchange FTX. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Visa: Innovation Boosts Authorization Rates as Merchants Improve the Customer Experience
February 02, 2024

“There’s a lot going on for merchants today, and they have a lot to juggle,” Saurabh Chopra, head of product, U.S. debit, prepaid and real-time payments at Visa, told PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
AI’s Role in Helping Banks Fight Fraud and Financial Crimes
February 01, 2024

Easy money attracts bad actors.  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 to receive...

Security & Fraud
Experian Launches Fraud Prevention Tool for Car Dealers
January 31, 2024

Car buying is increasingly moving online, and scammers who target car buyers are following suit. 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
White House Mulls Requiring Cloud-Computing Companies to Disclose Customers
January 26, 2024

The Biden administration is reportedly set to propose new requirements for cloud computing companies in an effort to enhance security and protect sensitive data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
eCommerce Firms Use Advanced Screening Tools to Combat Tech-Driven Fraud
January 26, 2024

eCommerce firms are grappling with the widespread impact of fraud, and according to PYMNTS Intelligence research, more than 80% encountered true fraud — verified instances of fraudulent activities, not just suspected cases or false positives — in the past year. Get the Full Story Complete...