ACCOUNT TAKEOVERS

Judge Rules New York Lawsuit Against Citibank Can Proceed

Judge Rules New York Lawsuit Against Citibank Can Proceed
Judge Rules New York Lawsuit Against Citibank Can Proceed
January 21, 2025  |  Fraud Prevention

Citibank will have to face a New York state lawsuit alleging that it failed to protect and reimburse victims of fraud. A federal judge rejected...

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Qolo’s Approach to Fraud-Fighting Technology
Qolo’s Approach to Fraud-Fighting Technology
October 12, 2022  |  Fraud Prevention

In this month’s Digital Fraud Tracker®, Darren Beyer, chief product and strategy officer at Qolo, tells PYMNTS about the year’s most pressing fraud threats and...

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Multifactor Authentication Helps QSRS Stop 99 Percent Of Mobile Order Ahead Fraud
Multifactor Authentication Helps QSRS Stop 99 Percent Of Mobile Order Ahead Fraud
May 17, 2021  |  Mobile Order Ahead

Restaurants are still adapting to the digital-first paradigm brought on by the pandemic, with online orders from sit-down restaurants spiking by 134 percent since the...

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NEW REPORT: FIs Elevate Their API, Web App Strategies With Performance-Enhancing Security
NEW REPORT: FIs Elevate Their API, Web App Strategies With Performance-Enhancing Security
May 14, 2021  |  Fraud Prevention

  Web apps and application programming interfaces (APIs) power eCommerce, real-time payments and location-based services such as Instacart, but they are also becoming the focus...

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How Slice Counters Dark Web-Based Credential Stuffing Attacks On Its Mobile Ordering App
How Slice Counters Dark Web-Based Credential Stuffing Attacks On Its Mobile Ordering App
May 13, 2021  |  Fraud Prevention

Account takeovers and credential stuffing attacks are surging, with fraudsters buying stolen credentials from the dark web to target first-time digital consumers. In this month’s...

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New Report: Behavioral Analytics, Machine Learning Keep FIs On Cutting Edge Of Fraud Prevention
New Report: Behavioral Analytics, Machine Learning Keep FIs On Cutting Edge Of Fraud Prevention
April 14, 2021  |  Fraud Prevention

  Combatting financial fraud has emerged as one of the most promising applications of artificial intelligence (AI) and machine learning (ML). These systems are capable...

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Deep Dive: How QSRs Can Leverage Digital ID To Help Combat Mobile Fraud Trends
Deep Dive: How QSRs Can Leverage Digital ID To Help Combat Mobile Fraud Trends
March 25, 2021  |  Mobile Order Ahead

The global health crisis has devastated the restaurant industry, and approximately 15 percent of all U.S. eateries and bars had closed permanently as of fall...

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Deep Dive: How FIs And Merchants Are Pushing Back Against Push Payment Fraud
Deep Dive: How FIs And Merchants Are Pushing Back Against Push Payment Fraud
November 17, 2020  |  Fraud Prevention

The number of real-time payments has risen dramatically in recent years, and APP fraud has grown alongside it. Fraudsters utilizing these schemes rely on tactics...

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