Fraud Prevention

Fraud Prevention
Issuers and Merchant Collaborate to Thwart Fraudsters and Accept ‘Good’ Transactions
December 12, 2023

Jeff Gipson, director of payment product management at Discover® Global Network, told PYMNTS in a recent interview that the intensity of fraudsters’ attacks on all parts of the payments ecosystem is ramping up. Get the Full Story Complete the form to unlock this article and enjoy...

Fraud Prevention
90% of FIs Leverage Fraud-Prevention APIs as Crime-Fighting Tool
December 06, 2023

Financial institutions (FIs) are facing an increasing threat of fraud and financial crime in the digital age. And as the volume and sophistication of fraudulent transactions continue to rise, FIs are turning to cutting-edge tools and technologies to enhance their security measures.  Get the Full...

Fraud Prevention
FIs Depend on AI/ML Partners to Fight Next-Gen Fraudsters
December 06, 2023

PYMNTS Intelligence recently found that more than 40% of financial institutions (FIs) see increasing fraud and financial crime. This advancing wave likely poses a significant threat to the financial services industry. Security is a top concern, and these institutions need cutting-edge tools to fight this...

Fraud Prevention
Experian and NeuroID Team to Fight Fraud Amid Surge in Sophisticated Financial Crime
December 05, 2023

In a bid to tackle the rising threat of fraud, global information services company Experian has partnered with behavioral analytics firm NeuroID to enhance its fraud prevention solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Fraud Prevention
Only a Third of eCommerce Merchants Know if Fraud Caused a Failed Payment
November 14, 2023

Online retailers widely implement anti-fraud tools and strategies — but minimizing false declines while effectively screening out potential fraud is easier said than done. Payment service providers (PSPs) can be crucial in helping eCommerce firms find the right approach to these challenges. In fact, 86%...

Fraud Prevention
Automated Payments Are Crucial First Step in Broader Enterprise Digitization
November 08, 2023

Fraudulent activities can manifest in various forms, including identity theft, payment fraud and cyberattacks. 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...

Fraud Prevention
Financial Platform Charlie Debuts Fraud Protection Tools for Older Americans
November 08, 2023

Senior-focused financial platform Charlie has introduced a suite of fraud protection tools for older Americans. 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....

Fraud Prevention
Smaller FinTech Issuers Lose Nearly 60% More Revenue to Fraud Than Larger Ones
November 07, 2023

Fraud schemes are evolving alongside technology, becoming more sophisticated and mutating to exploit vulnerabilities within financial institutions. 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...

Fraud Prevention
CellPoint and Riskified Team to Combat Travel Sector Fraud
November 02, 2023

CellPoint Digital has teamed with Riskified to help battle fraud in the travel sector. 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...