Security & Fraud

Security & Fraud
Hackers Hit Mobile Money Payments Processor In Uganda
October 08, 2020

Ugandan police are investigating the hacking of a third-party processor of phone-based transactions, Bloomberg reported, that affected MTN Group and Standard Bank Group‘s local units. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
Feedzai Reports 44 Pct Increase In First Half Of 2020
October 08, 2020

Risk management platform Feedzai announced a 44 percent increase in growth for the first half of the fiscal year for 2020, which a press release says was one of the company’s most successful so far. Get the Full Story Complete the form to unlock this...

Security & Fraud
The Problem With How Most Banks Use IP Address Checks To Fight Fraud
October 08, 2020

The growing cost of online fraud – and finding ways to detect it – has long been a costly concern of financial institutions (FIs). But GeoGuard CEO David Briggs told Karen Webster in a recent conversation that FIs could eliminate most fraudulent transactions with the...

Security & Fraud
Germany Regulator Resets In Wake Of Wirecard Debacle
October 07, 2020

Germany’s financial watchdog BaFin would be equipped with a stronger bite under a plan just rolled out by Germany’s coalition government. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
Mobile Banking’s Authentication Game-Changer
October 07, 2020

The way we bank is changing in the age of COVID-19. 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...

Security & Fraud
How High-Tech And High-Touch Can Help Merchants And FIs Grapple With Chargebacks
October 06, 2020

In the age of eCommerce, chargebacks are on the rise. 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...

Security & Fraud
BBB: Scammers Are Stealing Money Via Cash App
October 05, 2020

More scams are taking place in the pandemic era, and fraudsters are now using Cash App to swindle consumers, according to a report from WPRI 12, which cited the Better Business Bureau (BBB). Get the Full Story Complete the form to unlock this article and...

Security & Fraud
3M Anti-Counterfeit Campaign Targets Respirator Knockoffs
October 05, 2020

Multinational conglomerate 3M, a major healthcare equipment manufacturer during the coronavirus pandemic, has launched a global crackdown on counterfeit respirators and price-gouging related to a flood of knockoffs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
China Says World Trade Organization Has Its Back On TikTok, WeChat Ban
October 05, 2020

China said it has found an ally in its fight against the U.S. efforts to impose restrictions on TikTok and WeChat, the mobile apps under fire by the Trump administration. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...