Fraud Prevention

Visa Reports 3X Leap in Fraud Attempts on Black Friday

Visa Reports 3X Leap in Fraud Attempts on Black Friday
Visa Reports 3X Leap in Fraud Attempts on Black Friday
December 04, 2025  |  Fraud Prevention

Visa blocked 280% more suspected fraud attempts on Black Friday in the United Kingdom this year compared to last year and 140% more across Europe....

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Banks Face Fraud Spike As Scams Stress Legacy Systems
Banks Face Fraud Spike As Scams Stress Legacy Systems
December 04, 2025  |  Fraud Prevention

The “2025 State of Fraud and Financial Crime in the United States” report, a PYMNTS Intelligence report commissioned by Block, reveals that the financial industry...

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TikTok Turns to AI to Drive Away AI-Driven Scams
TikTok Turns to AI to Drive Away AI-Driven Scams
November 11, 2025  |  Artificial Intelligence

eCommerce platforms like TikTok Shop are reportedly flooded with an uptick in AI-fueled scams. Fraudulent sellers are using generative AI tools to invent fake brands...

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Financial Scams Are the New Customer-Churn Crisis for Banks
Financial Scams Are the New Customer-Churn Crisis for Banks
November 10, 2025  |  Fraud Prevention

“Financial Scams and Consumer Trust,” a PYMNTS Intelligence report commissioned by Block, examines how the rise of digital scams is undermining the confidence powering everyday...

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Fraud Cases Lead Banking Giants to Tighten Oversight
Fraud Cases Lead Banking Giants to Tighten Oversight
November 04, 2025  |  Banking

Banks are reportedly tightening security following a series of fraud allegations involving corporate borrowers. That’s according to a report late Monday (Nov. 3) from the...

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Trulioo Exec Says Credit Data Will Become the New Trust Currency
Trulioo Exec Says Credit Data Will Become the New Trust Currency
November 03, 2025  |  Opinion

AI agents and an expanded role for credit verification are changing fraud and risk, Trulioo Chief Product Officer Zac Cohen writes in a new PYMNTS...

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Building AI’s Trust Infrastructure Requires More Than Algorithms
Building AI’s Trust Infrastructure Requires More Than Algorithms
October 31, 2025  |  Artificial Intelligence

Artificial intelligence (AI) has quickly become the backbone of B2B payments, but it’s part of a larger set of tools needed to build the “trust...

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Starling Bank Debuts ‘Scam Intelligence’ as APP Fraud Grows
Starling Bank Debuts ‘Scam Intelligence’ as APP Fraud Grows
October 28, 2025  |  Artificial Intelligence

Starling Bank says it has begun using AI to help customers ward off purchase scams. The lender’s latest product, dubbed “Scam Intelligence,” marks the first...

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