Security & Fraud

Security & Fraud
Cognizant and FICO to Launch Real-Time Payments Fraud Prevention Solution
April 17, 2024

Cognizant and FICO plan to launch a cloud-based real-time payments fraud prevention solution designed for North American banks and other payment service providers. 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
43% of eCommerce Execs Say Two-Factor Authentication Can Mitigate Fraud
April 17, 2024

It’s imperative for eCommerce merchants serving international markets to be able to complete frictionless cross-border transactions. However, since these merchants must also fend off fraudsters, they must find and employ fraud prevention tools that do not disrupt consumer transactions.  Get the Full Story Complete the...

Security & Fraud
FinCEN Warns Banks to Watch for Passport Card Fraud
April 15, 2024

Federal authorities are warning banks against the rising threat of passport card fraud. 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
Third-Party Vendors Emerge as Data Security Threat
April 15, 2024

In today’s digitized operating environment, a business is only as good as its cyber defenses. 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
Roku Reports 591,000 Accounts Impacted by ‘Credential Stuffing’ Attacks
April 12, 2024

Roku disclosed to its customers Friday (April 12) that 591,000 accounts were impacted by two separate cyberattacks. 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
Report: Morgan Stanley Facing Probes of Anti-Money Laundering Practices
April 11, 2024

Morgan Stanley is reportedly facing investigations by several agencies into how its wealth management division vets and monitors clients who may pose money-laundering risks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Investigation Into Morgan Stanley’s Wealth Arm Underscores Scrutiny of AML and Onboarding Efforts 
April 11, 2024

Anti-money laundering (AML) defenses might begin at the point of onboarding. 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
FI Execs Curb Their Enthusiasm for Open Banking
April 11, 2024

Open banking, the legal framework permitting secure data sharing amongst financial institutions (FIs) and third-party FinTechs to enhance the products and services they offer consumers, has proven to be popular with both regulators and consumers. Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
Linked Analysis Evolution Breaks Down Silos as CUs Battle Fraudsters
April 10, 2024

There’s no shortage of damage payments and social engineering fraud can do to a company as well as its member relationships. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...