Fraud Prevention

Fraud Prevention
Valley Bank on Preventing Social Engineering Scams
August 03, 2022

At a time when more consumers are being tricked into giving fraudsters access to their money and accounts, Valley Bank’s Milliesia Armogan explains why customer education is a bank's best weapon in the fight against increasingly sophisticated social engineering fraud.

Fraud Prevention
What Banks Are Doing to Protect Consumers From Financial Scams
August 02, 2022

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Fraud Prevention
The Data Point: 54% of B2B Retailers Turning Away Legit Customers Due to Fraud Fears
July 22, 2022

What you don’t know can cost you coming and going. Businesses failing to authenticate identity in B2B transactions are prime fraud targets on the one hand, while on the other, an obscured view of fraud attacks finds more B2B businesses declining good customers due to...

Fraud Prevention
Half of Merchants Say Sunk Cost of Dealing With Chargebacks Is Their Worst Problem
July 21, 2022

Credit card chargebacks and the resulting revenue loss are major headaches for merchants, according to “Dispute-Prevention Solutions,” a PYMNTS and Verifi collaboration based on a survey of 301 merchants whose annual revenues from web-based or mobile app sales ranged from $20 million to more than...

Fraud Prevention
Study Finds Half of Retailers Turned Away New Business Customers Over KYB
July 20, 2022

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Fraud Prevention
PYMNTS Intelligence: Protecting Against Promotion Abuse and Other Forms of First-Party Fraud
July 19, 2022

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Fraud Prevention
Ujji on Fighting First-Party Fraud and Coupon Abuse
July 18, 2022

In the July "Digital Fraud Tracker®," Jake Doering, founder of wellness drink company Ujji, tells PYMNTS how dynamic discount codes and tailored communications can help companies prevent the growing number of consumers who abuse merchant policies.

Fraud Prevention
The Data Point: 76% of Merchants Say Third-Party Dispute Resolution Is the Way to Go
July 15, 2022

With the surge of credit card transactions during the pandemic is the seemingly inescapable cascade of disputes and chargebacks that eat into profits and create back-office havoc. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Fraud Prevention
Merchants Walk Fine Line Policing $90B of Promotions Abuse
July 15, 2022

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