Socure has introduced a new tool designed to combat repeat first-party fraud. 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...
A chain is only as strong as its weakest link. The bigger the chain, the more important its security becomes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The wide availability of selfies on social media has helped fuel artificial intelligence (AI)-powered scams. 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,...
Financial scams have become more sophisticated, targeting individuals through personalized and strategic methods. Scammers are using tools from legitimate businesses to make their scams appear more convincing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Financial institutions should watch for suspicious activity that may indicate relationship investment scams and should use specific Suspicious Activity Report (SAR) filing instructions and key terms to help law enforcement detect these scams, the Financial Crimes Enforcement Network (FinCEN) said in a Wednesday (Feb. 26)...
Banks and payment companies have been slow to adopt a new platform in the U.K. that is meant to streamline the reimbursement of consumers who have fallen victim to online fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The Securities and Exchange Commission has created a unit to protect retail investors against fraud. 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,...
The Department of Justice said Tuesday (Feb. 18) that a district court in Miami permanently barred 10 individuals and entities from making unauthorized debits to the bank accounts of consumers and small businesses. Get the Full Story Complete the form to unlock this article and...
Account takeovers are among the most insidious threats to banks and consumers. 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...
