Fraud Prevention

British Think Tank: Paying Whistleblowers Could Be ‘Pivotal’ in Preventing Fraud

British Think Tank: Paying Whistleblowers Could Be ‘Pivotal’ in Preventing Fraud
British Think Tank: Paying Whistleblowers Could Be ‘Pivotal’ in Preventing Fraud
December 08, 2024  |  Fraud Prevention

A British defense/security think tank says the country should pay whistleblowers to prevent fraud. The Royal United Services Institute (RUSI) has published new research arguing...

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BEC and Phishing Attacks Surge, Exploiting New Domain Names
BEC and Phishing Attacks Surge, Exploiting New Domain Names
December 06, 2024  |  Cybersecurity

Technology begets opportunity, for both successful companies and fraudsters. And today’s rising tide of cybercrime has unveiled a new frontier of fraud, one where malicious...

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Equifax and Mastercard Partner on Fraud Management in Latin America
Equifax and Mastercard Partner on Fraud Management in Latin America
December 05, 2024  |  Partnerships

Equifax and Mastercard have partnered to provide fraud management tools to businesses in Latin America, excluding Brazil. This collaboration will make these tools available to Mastercard business...

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Socure’s Friendly Fraud Fighting Consortium Hits Data Collection ‘Milestone’
Socure’s Friendly Fraud Fighting Consortium Hits Data Collection ‘Milestone’
December 05, 2024  |  Fraud Prevention

Socure says it has reached a milestone in its collaborative effort to combat “friendly fraud.” The identity verification firm last year formed the First-Party Fraud Consortium, a...

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A Third of Consumers Have Been Victimized by Credit Card Fraud
A Third of Consumers Have Been Victimized by Credit Card Fraud
December 05, 2024  |  Cybersecurity

Credit card fraud is a rising concern for American consumers, with nearly 1 in 3 reporting fraudulent charges in the past year. As incidents of...

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FedDetect Duplicate Notification Service Expanded to Include Commercial Checks
FedDetect Duplicate Notification Service Expanded to Include Commercial Checks
December 04, 2024  |  Fraud Prevention

Federal Reserve Financial Services (FRFS) now helps financial institutions combat check fraud by enabling them to see deposit information and images of potential duplicate items...

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Government Agencies Suggest Practices to Combat Elder Financial Exploitation
Government Agencies Suggest Practices to Combat Elder Financial Exploitation
December 04, 2024  |  Fraud Prevention

Financial institutions play an important role in combating elder financial exploitation and in supporting the victims of these crimes, federal and state agencies said Wednesday...

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Metal Cards Carve Out Place as Consumer Defense Against Fraudsters
Metal Cards Carve Out Place as Consumer Defense Against Fraudsters
December 04, 2024  |  Authentication

There’s still a place for the card — the tangible, physical card — in consumers’ wallets. In fact, Adam Lowe, Ph.D., chief product and innovation officer...

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