Fraud prevention has largely been treated as an institution-by-institution exercise. Banks built their own models, payment companies and vendors developed proprietary services and solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
For decades, accounts receivable has operated on the assumption that there would be time to fix mistakes after money moved. But as instant and near-instant payment capabilities become more common, that assumption is breaking down. Get the Full Story Complete the form to unlock this...
A spike in incidents of financial fraud has reportedly turned America’s bank tellers into quasi-detectives. 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,...
Klarna has launched a new security measure designed to protect its customers from impersonation scams. 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,...
Google has introduced a fake-call detection feature designed to combat impersonation fraud enabled by spoofed phone numbers and artificial intelligence (AI) deepfake technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Fraud losses and payment failures are getting harder to recover after settlement and middle market firms are responding by moving verification and identity checks earlier in the customer relationship — turning onboarding into a core financial control point rather than a compliance step. Get the...
Experian has teamed with Fiserv to help merchants stem the tide of artificial intelligence (AI)-powered 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...
For decades, catching financial crime meant hiring more people to review more alerts. Most of those alerts turned out to be nothing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Apple’s App Store prevented $2.2 billion in fraudulent transactions last year. 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...
