Security & Fraud

Security & Fraud
IBM Debuts AI-Powered Threat Detection Tools
August 05, 2024

IBM has added generative artificial intelligence (AI) capabilities to its managed threat detection and response services. 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
JPMorgan Chase Evaluates Legal Options as CFPB Scrutinizes Zelle Payments
August 04, 2024

JPMorgan Chase could be headed for a dust-up with the Consumer Financial Protection Bureau. In its “Consolidated Financial Statements” for the six months ending June 30, the bank indicated that the CFPB has inquired about transactions through the Zelle network and that it is currently...

Security & Fraud
Axiad Raises $25 Million to Bolster ID Verification Offerings
August 04, 2024

Identity security firm Axiad has raised $25 million in a new funding round. 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....

Security & Fraud
UK’s National Crime Agency Shuts Down Platform Enabling Scam Calls
August 02, 2024

The United Kingdom’s National Crime Agency (NCA) reported Thursday (Aug. 1) that it shut down a platform that was used to make 1.8 million scam calls to people in 107 countries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
More Than Half of US Consumers Use P2P Apps to Send Money
August 02, 2024

Consumers are turning to peer-to-peer (P2P) apps like Venmo and Zelle for quick and easy money transfers. But while these services have become ubiquitous, concerns about fraud are casting a shadow over their growth. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Push Payments Fraud in UK Hit $433 Million in 2023
August 01, 2024

Push payments fraud in the U.K. increased in volume last year, while declining in value. 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,...

Security & Fraud
SEC: Founder of Social Platform IRL Defrauded Investors
August 01, 2024

In internet lingo, the abbreviation IRL means “in real life.” 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
Defending Against the Scam-Filled Fallout From Digital Disruptions
July 31, 2024

Fraudsters are drawn to compromised digital ecosystem like ants to a picnic. 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...

Security & Fraud
France Suffers Attack on Broadband Services Amid Olympic Games
July 29, 2024

Amid a worldwide data breach surge, France is dealing with an older-school type of cyberattack. 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,...