Security & Fraud

Security & Fraud
Brazil Crime Uptick Could Result in Instant Payments Suspension
December 05, 2021

Citing the rise in crime, Brazilian lawmakers are mulling the possible halt of the Pix instant payments system, ZDNet reported. 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
Confirmation of Payee (CoP) Offering Makes ‘Massive Difference’ for UK Businesses Tackling Fraud
December 01, 2021

Digital fraud in the U.K. is increasing at an alarming rate. 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...

Security & Fraud
Work-From-Home Trend Raises Stakes in Fight Against Business Email Fraud
December 01, 2021

The pivot toward work-from-home environments has opened up new vulnerabilities that allow fraudsters to target B2B payments. 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...

Security & Fraud
Point Solutions and Piecemeal Approach to KYC Hinders Fraud Protection Efforts
November 26, 2021

All industries go through a period of evolution where several service providers crowd into a space, offering a slew of options geared toward making enterprise workflows and back-end processes easier. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
As Platforms Wage War on Cybertheft, Crooks Turn to Low-Tech Shoplifting and Online Resale
November 22, 2021

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
UK Payments Regulator to Require Repayment for Push Payment Fraud
November 22, 2021

The U.K. Payments System Regulator (PSR) is requiring repayment to victims of authorized push payment (APP) fraud after more than 350 million pounds ($469 million) were swiped in the first half of 2021, according to a Thursday (Nov. 18) report from Computer Weekly.  Get the...

Security & Fraud
Hackers Target Phones of Small Crypto Investors
November 21, 2021

Hackers are stealing cryptocurrency more often from random individual users, a Wall Street Journal (WSJ) report says. 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...

Security & Fraud
IRS Seizes $3.5B in Crypto in FY 2021
November 19, 2021

The Internal Revenue Service (IRS) seized $3.5 billion in cryptocurrencies during the fiscal year 2021, accounting for 93% of the assets seized during the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
DeFi Losses Top $10B From Exploits, Fraud, Theft
November 19, 2021

Decentralized finance (DeFI) platforms have been the target of criminal attacks, with fraud and theft topping $10 billion, according to a report entitled Risk, Regulation, and the Rise of DeCrime from Elliptic Get the Full Story Complete the form to unlock this article and enjoy...