Security & Fraud

Security & Fraud
Everi Deploys Prove’s Identity Solutions for Casino Transactions
October 06, 2022

Gaming industry supplier Everi has added Prove Identity’s digital identity verification solutions to further reduce bad actors, fraudulent accounts and user friction from transactions in casinos. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
LinkedIn Faces Flood of AI-Generated Fake Profiles
October 05, 2022

Fake LinkedIn executive profiles are creating an issue for the business networking site, a report from KrebsOnSecurity said. 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
Behavioral Analytics Balance Experience and Security for BNPL Players
October 05, 2022

The recent discovery by Amsterdam-based cybersecurity firm ThreatFabric that criminals are using Android banking trojans to exploit vulnerabilities in BNPL apps to make fraudulent purchases is a clear indication that more needs to be done to curb the rising fraud threat in the buy now,...

Security & Fraud
SEC Charges Arbitrade, Cryptobontix in Connection With Crypto Pump-and-Dump Scheme
September 30, 2022

The Securities and Exchange Commission (SEC) has filed charges against Bermudan company Arbitrade, Canadian company Cryptobontix and their principals. 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
Best Line of Payments Fraud Defense: A Harder Target
September 28, 2022

No matter where you look, fraud attacks on banks and merchants are on the rise. The fraudsters are getting more creative in their schemes, leveraging the great digital shift to make the unwitting customers themselves the gateways to fraud. Get the Full Story Complete the...

Security & Fraud
Watchdog: Crooks Likely Jacked $45B From Pandemic Unemployment 
September 23, 2022

Crooks likely used the Social Security numbers of dead people and prisoners plus filed claims in multiple states to steal more than $45 billion from the pandemic unemployment program, three times more than previous estimates.  Get the Full Story Complete the form to unlock this...

Security & Fraud
DOJ Asks Congress for Tools to Limit NFT Money-Laundering Risk
September 22, 2022

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Security & Fraud
Sardine Raises $51M for Fraud Prevention Solutions for FinTechs, DeFi
September 20, 2022

Sardine, which provides fraud, compliance and instant settlement solutions, has gotten $51.5 million in Series B financing, which will go toward product development and marketing and sales worldwide, a press release said Tuesday (Sept. 20). Get the Full Story Complete the form to unlock this...

Security & Fraud
62% of Large Banks Report Increases in Financial Crime
September 13, 2022

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