Fraud Prevention

FICO and Jersey Telecom Team to Combat APP Fraud 
FICO and Jersey Telecom Team to Combat APP Fraud 
September 18, 2024  |  Fraud Prevention

FICO is working with Jersey Telecom (JT) to push back against authorized push payment fraud. The analytics software company said Wednesday (Sept. 18) it has collaborated with the...

READ MORE >
Invoice Invasion: Defending the Finance Department From Hidden Fraud Risks
Invoice Invasion: Defending the Finance Department From Hidden Fraud Risks
September 17, 2024  |  Security & Fraud

Businesses can’t grow without getting paid, and businesses won’t get paid without an invoice. But fraudsters have taken notice, capitalizing on the fact that the...

READ MORE >
Oracle Launches Financial Crime and Compliance Management Service
Oracle Launches Financial Crime and Compliance Management Service
September 17, 2024  |  Security & Fraud

Oracle has launched a new service designed to help banks, FinTechs and other financial services companies identify potential financial crime and compliance issues and reduce...

READ MORE >
Mastercard Enhances Real-Time Threat Visibility With Recorded Future Purchase
Mastercard Enhances Real-Time Threat Visibility With Recorded Future Purchase
September 13, 2024  |  Security & Fraud

Looking to expand security and threat intelligence beyond a completed transaction, Mastercard on Thursday (Sept. 12) announced it is acquiring Recorded Future for $2.7 billion....

READ MORE >
Embedded Finance Keep Firms Agile in Emerging Verticals
Embedded Finance Keep Firms Agile in Emerging Verticals
September 13, 2024  |  Opinion

Prioritizing adaptability, innovation and customer relationships will enable firms to navigate an unpredictable landscape, Thredd Chief Product Officer Ava Kelly writes in a new PYMNTS...

READ MORE >
Illuma Labs Raises $9 Million for Bank Voice Verification
Illuma Labs Raises $9 Million for Bank Voice Verification
September 12, 2024  |  Investments

Illuma Labs has raised $9 million to speed the development of its voice verification tools. The company, which makes voice authentication technology for banking contact...

READ MORE >
Mastercard Acquires Recorded Future to Bolster Cyber Protections
Mastercard Acquires Recorded Future to Bolster Cyber Protections
September 12, 2024  |  Acquisitions

Mastercard is spending $2.65 billion to acquire threat intelligence company Recorded Future. The deal, announced Thursday (Sept. 12), “bolsters the insights and intelligence used to secure today’s digital economy...

READ MORE >
Revolut Sees Jump in Scam Complaints as APP Fraud Grows
Revolut Sees Jump in Scam Complaints as APP Fraud Grows
September 11, 2024  |  Security & Fraud

Revolut enjoys the distinction of being the most valuable FinTech in Europe. But as a report Wednesday (Sept. 11) by Bloomberg News points out, the company has...

READ MORE >
Rise In Huge Settlements Helps Insurance Industry Ditch Paper for Digital
Rise In Huge Settlements Helps Insurance Industry Ditch Paper for Digital
September 11, 2024  |  Insurance

Where there’s smoke, there’s usually fire. And across the business landscape, where there’s paper, there tends to be countless inefficiencies, higher costs — and even...

READ MORE >