The pandemic prompted an unprecedented 44 percent year-over-year jump in online spending with U.S. merchants in 2020, according to one report, and similar trends occurred...
Bad actors leverage a bewildering variety of schemes, including ATOs, credential stuffing and phishing, against merchants. What all of these attack vectors have in common...
The European Union’s Strong Customer Authentication (SCA) mandate aims to help the region’s businesses curtail fraud, but many merchants are finding that it can cost...
P2P payment apps — including third-party solutions like Venmo and CashApp as well as first-party banking apps — allow users to seamlessly pay each other...
Account takeovers (ATOs) are a growing source of pain for financial institutions (FIs) and their customers, with losses from these attacks rising 164 percent in...
Open banking is one of the most significant emerging trends in the financial industry, allowing banks and FinTechs to share financial data in a quick,...
Digital fraud and cybercrime are constant worries for financial institutions (FIs) of all sizes, with these businesses seeing an average of 30 cyberattacks per hour...
Registrations on mobile banking apps rose 200 percent in April as the COVID-19 pandemic prompted consumers to turn to remote banking services. But simply enabling...