Security & Fraud

Security & Fraud
REPORT: 65 Pct Of Consumers Would Abandon Merchant After eCommerce Data Breach
May 04, 2021

The pandemic has been an undeniable boon for eTailers. More consumers than ever are going online to buy all manner of products, from household goods to health and wellness products to clothing and beyond. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Keeping Pace With The Evolution Of Business Email Compromise
May 03, 2021

Business email compromise (BEC) is an ever-evolving beast that threatens organizations of all types and sizes around the globe. But companies are not entirely defenseless against the scam, as Jeff Taylor, senior vice president of Commercial Fraud Forensics at Regions Bank, told PYMNTS in the...

Security & Fraud
The Evolving Face Of The Fight Against Fraud
May 03, 2021

Fighting fraudsters is a problematic realm in the digital era because fraud stubbornly refuses to be a static target. 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...

Security & Fraud
COVID Leaves Lasting Impact On Digital KYC And AML Efforts
April 30, 2021

In the digital-first economy, criminals have been acquiring and honing various areas of expertise, scamming customers, the payments firms operating the infrastructure, and of course, merchants. Money laundering, money mules and other attack vectors are seizing on novice consumers pivoting to the internet to get...

Security & Fraud
Transaction Clarity Seen As Key To Reducing Friendly Fraud
April 29, 2021

Issuers and merchants have, by and large, been handling the digital shift. But many are not ready to grapple with the fact that it’s producing more disputes and chargebacks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
Improving The Bottom Line With Fraud Mitigation
April 27, 2021

In this excerpt from The Connected Economy’s Power Source – CEO Edition, Nicolas Stehle, founder and CEO of Scalefast, talks about the importance of fighting fraud in the digital economy, and how each firm needs its own customized approach. “Brands need sophisticated, enterprise-grade solutions that...

Security & Fraud
Innovative Fraudsters Demand Shift In Bank Customer Transaction Analysis
April 27, 2021

With all the positive change and innovation happening in payments, there’s an unfortunate correlation with challenges and threats. 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...

Security & Fraud
Decentralized ID Adds New Firepower To Fight Against Digital-First Fraud
April 27, 2021

Sometimes a group of companies in the same industry, fighting for the same dollars, decide that maybe cooperation beats competition. 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
Mastercard’s Gerber: Cybersecurity Needs Its Own Paris Accord
April 26, 2021

Recent research shows that the average data breach costs financial institutions (FIs) $210 on average per compromised account, and it costs merchants $119. But on both counts, the costs of lost customers and damaged reputations cannot be quantified – and the importance of securing consumer...