Fraud Prevention

The Challenge of Establishing Trust in the Age of Anonymous Commerce
The Challenge of Establishing Trust in the Age of Anonymous Commerce
November 15, 2023  |  eCommerce

“Trust, in the digital age,” Doriel Abrahams, head of risk in the U.S. at Forter, told PYMNTS, “is a lot different than it used to...

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YouTube to Require Creators to Disclose AI-Created Content
YouTube to Require Creators to Disclose AI-Created Content
November 14, 2023  |  artificial intelligence

YouTube will add disclosure requirements and other rules for content created with artificial intelligence (AI). These upcoming additions are part of the platform’s effort to...

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Only a Third of eCommerce Merchants Know if Fraud Caused a Failed Payment
Only a Third of eCommerce Merchants Know if Fraud Caused a Failed Payment
November 14, 2023  |  Fraud Prevention

Online retailers widely implement anti-fraud tools and strategies — but minimizing false declines while effectively screening out potential fraud is easier said than done. Payment...

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Automated Payments Are Crucial First Step in Broader Enterprise Digitization
Automated Payments Are Crucial First Step in Broader Enterprise Digitization
November 08, 2023  |  Fraud Prevention

Fraudulent activities can manifest in various forms, including identity theft, payment fraud and cyberattacks. In all those cases, legacy and manual back-end systems provide bad...

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Financial Platform Charlie Debuts Fraud Protection Tools for Older Americans
Financial Platform Charlie Debuts Fraud Protection Tools for Older Americans
November 08, 2023  |  Fraud Prevention

Senior-focused financial platform Charlie has introduced a suite of fraud protection tools for older Americans. The company’s FraudShield offering, announced in a news release Wednesday (Nov. 8), uses...

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Smaller FinTech Issuers Lose Nearly 60% More Revenue to Fraud Than Larger Ones
Smaller FinTech Issuers Lose Nearly 60% More Revenue to Fraud Than Larger Ones
November 07, 2023  |  Fraud Prevention

Fraud schemes are evolving alongside technology, becoming more sophisticated and mutating to exploit vulnerabilities within financial institutions. In fact, fraud incidents increased by 13% in...

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This Week in AI: Regulatory Ramp Up and Industry Innovations 
This Week in AI: Regulatory Ramp Up and Industry Innovations 
November 03, 2023  |  artificial intelligence

Another week, another explosion of news generated by generative artificial intelligence (AI). Technological innovations form the core of cultural transformations that have immediate and startling...

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Coinbase CEO Says Blockchain and Crypto Are Redefining Payments
Coinbase CEO Says Blockchain and Crypto Are Redefining Payments
November 02, 2023  |  Earnings

Coinbase, a leading cryptocurrency exchange, recently discussed the role of payments in the crypto industry and its plans for the future in the company’s earnings...

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CellPoint and Riskified Team to Combat Travel Sector Fraud
CellPoint and Riskified Team to Combat Travel Sector Fraud
November 02, 2023  |  Fraud Prevention

CellPoint Digital has teamed with Riskified to help battle fraud in the travel sector. The partnership, announced Thursday (Nov. 2), leverages Riskified’s fraud and risk intelligence capabilities and CellPoint’s payment...

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