From criminals creating fake accounts using stolen or synthetic identities, to exploiting the traditional onboarding process, to capitalizing on data breaches to launch credential stuffing attacks; there seems to be no shortage of avenues fraudsters are using to launch attacks aimed at online businesses. Get...
A doctor in New York state has been indicted in an alleged $10 million Medicare/Medicaid fraud scheme, the U.S. Department of Justice said Thursday (April 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Global card issuing platform Marqeta is introducing a new product suite the company said will help customers that use its card-issuing platform fight fraud — a problem expected to generate losses of $400 billion over the next 10 years. Get the Full Story Complete the...
First comes fraud, then comes money laundering. 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...
That old saying in business holds true in the digital age. 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...
Digital fraud prevention platform FiVerity, multi-cloud security company Fortanix and Intel have teamed up to help financial services companies fight digital identity fraud through confidential computing, according to a joint press release Tuesday (April 19). Get the Full Story Complete the form to unlock this...
The Commonwealth Bank of Australia (CBA) released a statement on Tuesday (April 19) denouncing claims that the bank was partnering with a cryptocurrency trading platform that came from a false news article. Get the Full Story Complete the form to unlock this article and enjoy...
The U.S. Internet Crime Complaint Center, also known as IC3, is warning the public about a cybersecurity scam that tricks people into transferring funds in order to “reverse” instant payments, according to an FBI press release. Get the Full Story Complete the form to unlock this...
The U.K. Online Safety Bill was introduced in the U.K. Parliament on March 17, 2022, to curb online harms by significantly increasing the responsibilities of social media firms and search engines to monitor content posted on their platforms. Get the Full Story Complete the form...
