fraudsters

Why Whack-a-Mole Risk Prevention Won’t Work in Today’s Data Economy
Why Whack-a-Mole Risk Prevention Won’t Work in Today’s Data Economy
July 11, 2023  |  Fraud Prevention

When it comes to digital risk, the best defense is a good offense. That’s because while firms may be feeling whiplash regarding the hyper-rapid advances...

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Fight Card-Not-Present Fraud In A Card-Not-Present World
Fight Card-Not-Present Fraud In A Card-Not-Present World
May 05, 2020  |  Security & Fraud

In the age of the coronavirus, everyone is conducting all facets of daily life – commerce, banking, schooling, working – from home. In an interview...

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Fraudsters Find New Bank Stomping Grounds
Fraudsters Find New Bank Stomping Grounds
June 14, 2019  |  Security & Fraud

The good news in the world of fighting fraud and cybercrime is that, by the numbers, the battle against the thieves has been shown to...

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Criminals Use Universal Credit System To Defraud Families
Criminals Use Universal Credit System To Defraud Families
May 27, 2019  |  Security & Fraud

Fraudsters are using the universal credit (UC) benefits system to defraud U.K. families, leaving them without any money. According to The Financial Times, local authority...

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KPMG: How AI Defense Can Counter Faster Payments Fraud
KPMG: How AI Defense Can Counter Faster Payments Fraud
December 06, 2018  |  Security & Fraud

Everything can seem right. But that’s only because the criminals are good. A person calls to inform a consumer that his or her account had...

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Today In Data: The Most Wonderful Time Of The Year (For Cybercrime)
Today In Data: The Most Wonderful Time Of The Year (For Cybercrime)
December 03, 2018  |  Today In Data

A tidal wave  of consumers hit the stores (online and real world) for the kick-off weekend of the holiday shopping season, trying to snap up...

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Payments Authentication Is A Varied And Confusing World
Payments Authentication Is A Varied And Confusing World
September 10, 2018  |  Authentication

In some ways, payments authentication can come across as improvisational — every institution seems to use a different method. Call centers, particularly those dealing with financial...

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Five At Five: BMW Gets Vocal With Digital
Five At Five: BMW Gets Vocal With Digital
September 07, 2018  |  News

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes BMW’s new voice assistant, a big airline...

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Slowing Down Faster Payments Fraud
Slowing Down Faster Payments Fraud
August 03, 2017  |  Security & Fraud

Fraudsters are good at what they do. Payments got faster, but so did criminals. Banks built more defenses, and bad guys jumped over them with...

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