Fraud Prevention

Burbank Raises $6 Million to Tackle Online Fraud and Chargebacks
Burbank Raises $6 Million to Tackle Online Fraud and Chargebacks
March 26, 2025  |  Payment Methods

Welsh FinTech Burbank has raised $6 million to bring “tap and PIN” payments online. Get the Full Story Complete the form to unlock this article...

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Fiserv CEO Wants to Tap AI to Find Social Security Fraud 
Fiserv CEO Wants to Tap AI to Find Social Security Fraud 
March 25, 2025  |  artificial intelligence

In his years at companies like Fiserv, Frank Bisignano has cultivated a reputation as a fixer. Get the Full Story Complete the form to unlock...

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Westpac to Enable Consumers to Block Accounts When Suspecting Fraud
Westpac to Enable Consumers to Block Accounts When Suspecting Fraud
March 24, 2025  |  Banking

Westpac, a bank operating in Australia and New Zealand, plans to enable customers to immediately block their account through its app or online banking. Get...

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Inspector General Report Points to Banks’ Cybersecurity Risks and Dwindling FDIC ‘IT Expertise’
Inspector General Report Points to Banks’ Cybersecurity Risks and Dwindling FDIC ‘IT Expertise’
March 21, 2025  |  Cybersecurity

A deep dive into Federal Deposit Insurance Corp.’s (FDIC) Office of Inspector General’s latest audit and report on the agency reveals key risks to banks:...

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21% of Financial Scams Start on Social Media
21% of Financial Scams Start on Social Media
March 20, 2025  |  Security & Fraud

They’re smart, they’re sophisticated and they’re on social media. A recently released report sheds light on the increasingly sophisticated tactics employed by financial scammers, revealing...

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A Matter of Trust: How AI Is Reshaping Risk Assessment
A Matter of Trust: How AI Is Reshaping Risk Assessment
March 19, 2025  |  artificial intelligence

Financial services institutions have long relied on machine learning for risk management, but the threat landscape has grown exponentially in the age of generative artificial...

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Why Does Google Want Multi-Cloud Security Platform Wiz So Badly?
Why Does Google Want Multi-Cloud Security Platform Wiz So Badly?
March 18, 2025  |  Cybersecurity

The cloud environment is, as a class, mostly secure. But the way that enterprises, and their employees, actually utilize the cloud service ecosystem is not....

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Why Account Validation Changes When Banks Say Yes
Why Account Validation Changes When Banks Say Yes
March 18, 2025  |  Authentication

The convergence of ACH, open banking and account validation has the potential to make transactions more secure — and faster — as instant payments gain...

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Fraudsters Love Clerical Errors; Automation Helps Eliminate Them
Fraudsters Love Clerical Errors; Automation Helps Eliminate Them
March 17, 2025  |  Security & Fraud

Fraud schemes, from invoice padding to fictitious vendors, thrive in environments where human oversight is the primary line of defense. Get the Full Story Complete...

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