Security & Fraud

Security & Fraud
EU Approves Tougher Cybersecurity Rules for Financial Firms
November 10, 2022

Lawmakers in Europe have voted to finalize legislation that places tougher cybersecurity rules on financial firms. 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...

Security & Fraud
Instant and Automated Payments Make Tempting Targets for Fraud
November 07, 2022

Faster B2B payments, back-office automation and alternative payments are all advancing rapidly, but these advances are creating new opportunities for fraudsters, so expect the innovation war between legitimate businesses and bad actors to heat up, not cool off. Get the Full Story Complete the form...

Security & Fraud
Who’s a Friend and Who’s a Fraudster?
November 05, 2022

We’ve got more ways to communicate than ever, and when people get chatty, talk often turns to stuff we want to buy. In some cases, that translates into stuff we want but don’t want to pay for. Get the Full Story Complete the form to...

Security & Fraud
The Many Faces of Fraud Haunt a Beset Holiday Selling Season
November 03, 2022

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Security & Fraud
FinCEN Says Ransomware Attacks Reported by FIs Leapt 108% in 2021
November 01, 2022

The number of ransomware attacks reported by financial institutions (FIs) and occurring in 2021 was double the number that occurred during the previous year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Putting One-Time Passwords Out to Pasture
November 01, 2022

The one-time password — OTP for short — was an ingenious cybersecurity stopgap that worked for a while. But fraud never sleeps, and they’ve cracked the OTP code. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Report: Binance Nears Identification of Those Behind Oct. 6 Hack
October 24, 2022

With help from law enforcement and using its own resources, cryptocurrency exchange Binance is reportedly closing in on identifying the person or people behind an Oct. 6 hack of the company’s BNB Chain blockchain. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Diebold Nixdorf Teams With Featurespace on Fraud Prevention Tech Integration
October 23, 2022

Retail technology company Diebold Nixdorf has joined forces with financial crime prevention firm Featurespace to integrate Featurespace’s fraud prevention tech into Diebold Nixdorf’s Vynamic Payments platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
JPMorgan: ‘Pressure Testing’ Key to Helping Treasurers Fight Payments Fraud
October 21, 2022

“The move to digital has been a wonderful thing,” JPMorgan Head of Client Fraud Prevention for Commercial Banking Alec Grant told Karen Webster. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...