Debit Card Fraud

Banks Say Debit Card and Check Fraud Attacks Are Gaining Momentum

Banks Say Debit Card and Check Fraud Attacks Are Gaining Momentum
Banks Say Debit Card and Check Fraud Attacks Are Gaining Momentum
April 08, 2025  |  Fraud Prevention

PYMNTS Intelligence data has detailed the continuing appeal of debit cards as preference for everyday spending, prized for convenience and as a way to spend...

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64% of FIs Report Increases in Fraud Attacks on Credit and Debit Cards 
64% of FIs Report Increases in Fraud Attacks on Credit and Debit Cards 
May 25, 2023  |  Security & Fraud

The heated battle between fraudsters and financial institutions (FIs) got hotter during the pandemic-era run-up in eCommerce and the use of alternative payment methods. This...

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Hackers Clone Debit Cards From India Bank
Hackers Clone Debit Cards From India Bank
August 14, 2018  |  Security & Fraud

India’s Cosmos Bank was the target of an attack in which hackers were able to transfer more than Rs 94 crore via a malware attack,...

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Fiserv’s Davie: Card Reissuance Post-Breach: Why Less Is More
Fiserv’s Davie: Card Reissuance Post-Breach: Why Less Is More
May 08, 2018  |  Security & Fraud

Only 5 to 10 percent of cards whose data is exposed in a breach end up getting used in fraudulent transactions, a Fiserv executive says...

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ATM Debit Card Fraud Hit 10 Percent In 2017
ATM Debit Card Fraud Hit 10 Percent In 2017
March 06, 2018  |  Security & Fraud

A new report has revealed that there was a 10 percent increase in the number of payment cards compromised at U.S. ATMs and merchants in...

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