Security & Fraud

SEC: Scammers Promised Investors Funds From Blockchain Worth ‘Trillions’
Security & Fraud
SEC: Scammers Promised Investors Funds From Blockchain Worth ‘Trillions’
January 05, 2023

Federal authorities say scammers stole millions of dollars by promising investors access to a blockchain worth trillions. 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...

UK Watchdog: $1B of COVID Relief Loans Were Fraudulent
Security & Fraud
UK Watchdog: $1B of COVID Relief Loans Were Fraudulent
January 05, 2023

Recent analysis from the U.K. finds more than $1 billion in COVID relief loans involved irregularities such as 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...

Fraud Prevention Strategies on Retailers’ Radar as Attacks Increase
Security & Fraud
Fraud Prevention Strategies on Retailers’ Radar as Attacks Increase
January 04, 2023

For retailers already skating on razor-thin margins, a fraud event could be make-or-break. 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...

Call Centers Become Prime Target for Identity Fraud
Security & Fraud
Call Centers Become Prime Target for Identity Fraud
January 03, 2023

Retail call centers are the front line of consumer queries and the favorite new target for identity 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...

Financial Crimes and Scams Will Be Among 2023’s Few Certainties
Security & Fraud
Financial Crimes and Scams Will Be Among 2023’s Few Certainties
December 29, 2022

The year 2023 holds few certainties, but financial crimes and scams will be among next year’s sure bets. 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...

Trusted ID Networks Offer Best Line of Defense Against Fraudsters
Security & Fraud
Trusted ID Networks Offer Best Line of Defense Against Fraudsters
December 28, 2022

Dynamic friction keeps the bad guys out, and trusted identity verification networks (ID networks) keep good customers transacting. 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...

Italian and Albanian Authorities Break Up Crypto Scam Ring
Security & Fraud
Italian and Albanian Authorities Break Up Crypto Scam Ring
December 23, 2022

Italian and Albanian authorities have broken up an organized crime group’s crypto scam.  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....

Wirecard Scandal Trial Sees Chief Witness Deny Deleting Data
Security & Fraud
Wirecard Scandal Trial Sees Chief Witness Deny Deleting Data
December 21, 2022

A witness in the Wirecard scandal trial has denied deleting data and withholding information from prosecutors. 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...

Diverse Data Sets Help Tackle Fraud Without ‘Unnecessary’ Payment Friction
Security & Fraud
Diverse Data Sets Help Tackle Fraud Without ‘Unnecessary’ Payment Friction
December 21, 2022

Analysis of a variety of data sets is central to tackling online fraud without creating customer friction. 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...