The risk of fraud continues to climb for organizations of all sizes as the latest data reveals third-quarter spikes in business email compromise and ransomware scams. This week’s B2B Data Digest takes a look at the numbers behind those spikes, finding small businesses to be...
Banks have long worked to anticipate and protect against emerging tactics of cybercriminals. 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....
Following a cyberattack that exposed patients’ mental health records last month, Finland is moving ahead with legislation that would let people change their personal identity codes in certain instances, according to an Associated Press (AP) report. Get the Full Story Complete the form to unlock...
The U.S. Securities and Exchange Commission (SEC) on Friday (Nov. 13) civilly charged former Wells Fargo CEO John Stumpf and Carrie Tolstedt, ex-head of Wells Fargo’s Community Bank, with allegedly misleading investors in connection with the bank’s unauthorized accounts scandal. Get the Full Story Complete...
Government-benefits fraud runs at about 10 percent even during normal times, but now that the pandemic has exponentially increased U.S. federal stimulus spending, the level of theft is on the rise, too. Get the Full Story Complete the form to unlock this article and enjoy...
Kount, which works in fraud prevention and identity trust, has rolled out its new Event-Based Bot Detection solution, which will provide a more comprehensive level of security for eCommerce, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to...
A report from TransUnion finds that rental application fraud is on the rise amid the pandemic, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
PSCU, which is billed as the nation’s premier payments credit union service organization (CUSO), has announced its new Enhanced Fraud Services system, which the company said “has helped 10 early adopter credit unions combat fraud of all types, ranging from first-party chargeback fraud to identifying...
Authorities in the Philippines are probing a law office and tour operator for potential connections to Wirecard, the payments provider disgraced after a global scandal, and Jan Marsalek, its former chief operating officer who has been on the run for the past several months, according...
