Security & Fraud

Security & Fraud
New Digital ID Tech Authenticates People And Payments Without Passwords
March 15, 2021

Maybe it’s a favorite band, plus a few random numbers. Or a first-grade teacher in front of a few symbols. Whatever the method, the average consumer has between 70 and 80 password combinations to remember. If a consumer had to remember all those passwords, it...

Security & Fraud
FBI Warns Of Deepfake Content From Russia, China
March 12, 2021

The FBI recently issued guidance that synthetic content, including deepfakes, could be used by hackers from Russia, China and other countries in order to advance their influence and agendas. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
No Mooching: Netflix Tests Block On Password Sharing
March 12, 2021

A new Netflix prompt, just in test mode for now, is attempting to crack down on shared passwords, saying that if you “don’t live with the owner of this account, you need your own account to keep watching,” according to a report from The Streamable....

Security & Fraud
Machine Learning Switches On To Illuminate The Dark Web
March 11, 2021

The dark web. 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 form, you agree to receive marketing communications...

Security & Fraud
Friendly Fraud Becomes Sworn Enemy For Restaurants
March 10, 2021

As Michael Corleone said in the “Godfather II” movie: “Keep your friends close and your enemies closer.” As it turns out, those words were not only prescient for the Corleones, but they’re also relevant for the far more modern world of payment fraud. Because sometimes,...

Security & Fraud
Equifax Battles The Chargeback Deluge With AI And Digital ID
March 04, 2021

The trend toward the digital-first economy over the past year has meant that all businesses have become omnichannel by necessity. And after this flood of online commerce in the wake of the pandemic, one of the consequences may be a deluge of chargebacks. Get the...

Security & Fraud
Geolocation Helps Crypto Exchanges’ Fight Financial Crime
March 04, 2021

Cryptocurrencies are gaining an ever-increasing number of adherents on Wall Street, Main Street and, bit by bit, in everyday commerce. 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
Ransomware Could Have Hit Payroll Firm PrismHR
March 03, 2021

PrismHR, a payroll company, suffered what could have been a ransomware attack over the weekend that left a massive outage, according to a Tuesday (March 2) report from BleepingComputer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
Going Deep: Automated Deep Behavioral Networks Emerge As Card And Payment Fraud Defense
March 03, 2021

For financial institutions (FIs) and banks, battling card and payments fraud demands real-time monitoring – adjusting risk scores as consumers’ behaviors change. In an interview with Karen Webster, Dave Excell, founder and president of Featurespace, said that artificial intelligence (AI)-driven risk modeling can adapt to shifts...