Banks have spent decades building fraud systems that see one transaction at a time. A charge either looks suspicious or it doesn’t. Fraud rings built...
Bank fraud in India nearly tripled during 2024, according to the country’s central bank. In its annual report Thursday (May 29), the Reserve Bank of India (RBI)...
A British investment group is warning consumers about the proliferation of “cloning scams.” As The Investment Association (IA) said in a report last week, these...
A recent report, “Consumer Credit Economy: Credit Card Fraud,” a collaboration between PYMNTS Intelligence and i2c, reveals a substantial level of consumer concern surrounding this...
Credit card fraud is a rising concern for American consumers, with nearly 1 in 3 reporting fraudulent charges in the past year. As incidents of...
Mastercard has unveiled a new approach to identify compromised payment cards, leveraging a combination of generative artificial intelligence and graph technology. The company reports that...
Galileo Financial Technologies now offers 3D Secure to help clients protect against card-not-present (CNP) debit and credit card fraud. The company’s new Galileo 3D Secure...
Large enterprises continue to fight all kinds of fraud, from insider threats to payments fraud to social engineering. But small businesses are often overlooked as...