digital fraud

PYMNTS Intelligence: The Growing Interest in Cryptocurrency and Its Accompanying Risks
PYMNTS Intelligence: The Growing Interest in Cryptocurrency and Its Accompanying Risks
April 05, 2022  |  Fraud Prevention

While 86% of United States consumers are aware of cryptocurrency, its actual ownership or use remains relatively uncommon, with just 16% of consumers saying they...

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Wirex Says Consumers’ Crypto Concerns Must Be Addressed To Increase Adoption
Wirex Says Consumers’ Crypto Concerns Must Be Addressed To Increase Adoption
April 01, 2022  |  Fraud Prevention

While most consumers have yet to purchase or use cryptocurrencies, they are interested in and aware of crypto, setting the stage for near-term growth as...

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FIs Use Digital Identity to Curb Money Laundering and Comply With Gov’t Rules
FIs Use Digital Identity to Curb Money Laundering and Comply With Gov’t Rules
March 23, 2022  |  Authentication

Digital identities are becoming more prevalent as awareness of their security and convenience grows, and they are expanding into new use cases like anti-money laundering...

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PYMNTS Intelligence: How Biometrics, 2FA Can Help Game Developers Win The Digital Identity Game
PYMNTS Intelligence: How Biometrics, 2FA Can Help Game Developers Win The Digital Identity Game
March 15, 2022  |  Authentication

The digital gaming industry was valued at $300 billion globally last April, with more than 500 million new players logging on over three years. Game...

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PYMNTS Intelligence: How 3D Secure 2.0 Can Help Merchants, Banks and Issuers Put a Stop to Card Fraud
PYMNTS Intelligence: How 3D Secure 2.0 Can Help Merchants, Banks and Issuers Put a Stop...
March 09, 2022  |  Fraud Prevention

Credit card fraud is a pressing issue for consumers, merchants, banks and card providers, costing a total of $32 billion in 2021 alone. This number is...

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American Express on How 3D Secure 2.0 Threads the Needle Between Fraud Protection and Customer Convenience
American Express on How 3D Secure 2.0 Threads the Needle Between Fraud Protection and Customer...
March 08, 2022  |  Fraud Prevention

The first iteration of 3D Secure was hailed as a online fraud game-changer, but its effectiveness came at the cost of consumer convenience — and,...

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Amex Sees Checkout Friction and Security Improvements in Overhauled 3DS2
Amex Sees Checkout Friction and Security Improvements in Overhauled 3DS2
March 07, 2022  |  Fraud Prevention

Credit card fraud is a problem that affects banks, merchants, credit card providers and individual consumers all at once, as fraudsters deploy a wide variety...

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71% Of Businesses to Add Transaction Alerts, ID Verification to Anti-Fraud Strategies
71% Of Businesses to Add Transaction Alerts, ID Verification to Anti-Fraud Strategies
February 24, 2022  |  Fraud Prevention

Recent data from PYMNTS shows many companies aren’t accepting new business due to a fear of potential fraud. The reasoning behind their hesitance may be...

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Had It With Passwords? Two-Thirds of Consumers Are Done With Antiquated Authentication
Had It With Passwords? Two-Thirds of Consumers Are Done With Antiquated Authentication
February 14, 2022  |  Authentication

The increased global penetra­tion of mobile devices has transformed how consumers transact with their preferred financial institutions (FIs), merchants and service providers. As consumers’ lives...

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