Online fraudsters have gotten more and more sophisticated, making it tougher or financial institutions (FIs) to tell the difference between customer and scammer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The European Union’s independent data protection authority has identified how data collected during card-based payment transactions can be used to profile customers and, if not handled adequately, can increase the risks of cyberattacks. Get the Full Story Complete the form to unlock this article and...
T-Mobile has confirmed that it was aware of SIM swap attacks affecting what it said was a “very small” number of customers, Bleeping Computer reported Wednesday (Dec. 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The United Arab Emirates is serious about cracking down on promoters of online cryptocurrency scams. These cybercriminals now face five years in prison and a fine of up to more than $270,000. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
As we all settle into our digital lives, the internet has become not only our workplace but also where we learn, shop and socialize. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Problems around money laundering and tax evasion persist worldwide, and it’s clear that the regulatory landscape designed to prevent them from happening isn’t as robust as it ought to be. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Credit and debit card users are experiencing significant levels of fraud. Eleven percent of consumers reported an incident of fraud in connection with their digital debit and credit card accounts in the last 12 months, according to Authenticating Identities In The Digital Economy, a PYMNTS and Mitek collaboration that surveyed...
This Christmas, the U.K.’s Financial Conduct Authority (FCA) is taking the fight against fraud to a whole new musical level. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
A group of Japanese companies has launched an information-sharing program to prevent smartphone-based payments 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,...
