Security & Fraud

Security & Fraud
Who’s a Friend and Who’s a Fraudster?
November 05, 2022

We’ve got more ways to communicate than ever, and when people get chatty, talk often turns to stuff we want to buy. In some cases, that translates into stuff we want but don’t want to pay for. Get the Full Story Complete the form to...

Security & Fraud
The Many Faces of Fraud Haunt a Beset Holiday Selling Season
November 03, 2022

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 marketing communications from PYMNTS and...

Security & Fraud
FinCEN Says Ransomware Attacks Reported by FIs Leapt 108% in 2021
November 01, 2022

The number of ransomware attacks reported by financial institutions (FIs) and occurring in 2021 was double the number that occurred during the previous year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Putting One-Time Passwords Out to Pasture
November 01, 2022

The one-time password — OTP for short — was an ingenious cybersecurity stopgap that worked for a while. But fraud never sleeps, and they’ve cracked the OTP code. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Report: Binance Nears Identification of Those Behind Oct. 6 Hack
October 24, 2022

With help from law enforcement and using its own resources, cryptocurrency exchange Binance is reportedly closing in on identifying the person or people behind an Oct. 6 hack of the company’s BNB Chain blockchain. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Diebold Nixdorf Teams With Featurespace on Fraud Prevention Tech Integration
October 23, 2022

Retail technology company Diebold Nixdorf has joined forces with financial crime prevention firm Featurespace to integrate Featurespace’s fraud prevention tech into Diebold Nixdorf’s Vynamic Payments platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
JPMorgan: ‘Pressure Testing’ Key to Helping Treasurers Fight Payments Fraud
October 21, 2022

“The move to digital has been a wonderful thing,” JPMorgan Head of Client Fraud Prevention for Commercial Banking Alec Grant told Karen Webster. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Checkout.com Introduces Fraud Detection Tool for Merchants
October 19, 2022

The U.K.-based payments service provider Checkout.com on Wednesday (Oct. 19) announced the launch of a new anti-fraud tool, Fraud Detection Pro. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
UK Sees 13% YoY Drop In H1 Fraud Losses As In-Person Scams Surge
October 18, 2022

In the never-ending cat-and-mouse game between those looking to defraud consumers and others looking to protect them, the advent of enhanced Strong Customer Authentication (SCA) for payments has equipped consumers with a key weapon. Get the Full Story Complete the form to unlock this article...