Fraud Prevention

Online Merchants Say Outsourcing Fraud Prevention Impacts Payments Success
Online Merchants Say Outsourcing Fraud Prevention Impacts Payments Success
April 04, 2024  |  Fraud Prevention

For online merchants, winning the high-stakes battle against fraud and cybersecurity breaches is critical to survival. PYMNTS Intelligence finds that 82% of U.S. eCommerce players...

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Bank of America Identifies Four ROI Benchmarks for B2B Payments
Bank of America Identifies Four ROI Benchmarks for B2B Payments
April 02, 2024  |  B2B Payments

Payments innovations that scale broadly in the B2C space aren’t always as widely adopted in the B2B space due to limited applicability. The principles of...

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Rising Fraud Casts Shadow Over Voice Commerce Potential
Rising Fraud Casts Shadow Over Voice Commerce Potential
March 29, 2024  |  Security & Fraud

The proliferation of voice-activated technology, from virtual shopping assistants to speech recognition in smartphones and smart homes, is reshaping how consumers interact with devices. Advancements in this field...

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Digital Wallets Need to Remove Frictions to Increase Usage for Bill Pay
Digital Wallets Need to Remove Frictions to Increase Usage for Bill Pay
March 28, 2024  |  Money Mobility

Digital bill payment has become routine for most consumers, offering them extensive firsthand experience with the frustrations and challenges with these payments. Fraud, friction, limited...

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Rise of Synthetic IDs Demands New Approaches to Identity at the Point of Onboarding  
Rise of Synthetic IDs Demands New Approaches to Identity at the Point of Onboarding  
March 27, 2024  |  Security & Fraud

The synthetic ID — the online identity concocted through bits and pieces of information gleaned from far-flung sources, cobbled together by fraudsters — is wreaking...

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Treasury Report Finds ‘Significant’ Gaps in AI Fraud Prevention
Treasury Report Finds ‘Significant’ Gaps in AI Fraud Prevention
March 27, 2024  |  Security & Fraud

Larger financial institutions have an edge over smaller ones in AI-related fraud prevention. That’s according to a new report from the U.S. Treasury on dealing with artificial intelligence (AI)-centered...

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RealPage and Plaid Team to Curb Rental Fraud
RealPage and Plaid Team to Curb Rental Fraud
March 27, 2024  |  Fraud Prevention

Real estate software/data analytics provider RealPage has debuted tools to combat rental fraud.  The new offerings, announced Wednesday (March 27), will be available with the company’s OneSite and...

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Seven in 10 Financial Institutions Use AI and ML to Combat Fraud
Seven in 10 Financial Institutions Use AI and ML to Combat Fraud
March 26, 2024  |  Security & Fraud

Recently, PYMNTS sat down with an array of experts and innovators in the artificial intelligence (AI) field to get their thoughts on how the technology...

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Mastercard and Worldpay Partner to Prevent Merchant Chargebacks
Mastercard and Worldpay Partner to Prevent Merchant Chargebacks
March 26, 2024  |  Credit Cards

Mastercard and Worldpay are teaming to help merchants settle transaction disputes faster and reduce chargebacks. Chargebacks — refund requests sparked by customers disputing transactions — are a growing issue,...

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