Fraud Prevention

Fraud Prevention
Dumpling on Fighting Fraud With Personalized Service
November 02, 2021

Grocery delivery platforms face the challenge of quick delivery without compromising security. In this month’s Digital Identity Tracker, Joel Shapiro, co-founder of Dumpling, discusses the role of Digital IDs in helping his company balance both.

Fraud Prevention
Deep Dive: How Organizations Can Fight Back Against the Ravages of Phishing
October 21, 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...

Fraud Prevention
How Employee Training and Automated Defenses Can Protect Companies Against Phishing
October 20, 2021

Social media scraping and automated fraud attacks have deemed old-school single-layer defense systems ineffective. In this month’s Digital Fraud Tracker, Georgetown cybersecurity Prof. Chuck Brooks tells PYMNTS how a mix of drills, training and separated siloes are the best way to send phishermen home empty-handed.

Fraud Prevention
No Phishing: Multilayered Defense Best Way to Keep Fraudsters Empty-Handed
October 19, 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...

Fraud Prevention
Airbnb’s Data Sharing, Rental ‘Blacklist’ Signal Drive to Secure Platforms 
September 23, 2021

The connected economy leads to the (data) sharing economy — which leads to a safer economy, for consumers and especially for platforms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Fraud Prevention
Deep Dive: How AI- and ML-Powered Analysis Can Improve Fraud Detection and Investigation
September 17, 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...

Fraud Prevention
Synchrony on How AI and MLCan Help FIs Combat Fraud and Deliver Frictionless Customer Experiences
September 16, 2021

Locking out fraud without increasing false positives can seem nearly impossible for financial institutions (FIs), but it doesn't have to be. In the Preventing Financial Crimes Playbook, Synchrony Chief Information Officer Bess Healy tells PYMNTS about the company’s path to 90% accuracy with the help...

Fraud Prevention
PYMNTS Data: FIs’ Adoption of Fraud Detection Tech Has Tripled Since 2018
September 15, 2021

Financial institutions (FIs) want to reduce fraud, but at the same time don’t want to create false positives, which is the flagging of legitimate customers as fraudulent. As a result, a growing number are turning to new solutions powered by artificial intelligence (AI) and machine learning (ML).  Get the Full Story...

Fraud Prevention
AI/ML Lifts Synchrony Fraud Detection Accuracy to 90%
September 15, 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...