payments fraud

Visa: Battle With Payments Fraudsters May Be Won With AI

Visa: Battle With Payments Fraudsters May Be Won With AI
Visa: Battle With Payments Fraudsters May Be Won With AI
October 27, 2023  |  Artificial Intelligence

Paul Fabara, chief risk officer at Visa, told PYMNTS in a recent interview that the shift to online channels during the pandemic — and afterward...

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OnlineCheckWriter.com Launches Automated Positive Pay Service
OnlineCheckWriter.com Launches Automated Positive Pay Service
July 20, 2023  |  Commercial Payments

B2B payment platform OnlineCheckWriter.com has launched a new security feature. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Bottomline and Pay.UK Team on Fraud Prevention
Bottomline and Pay.UK Team on Fraud Prevention
July 17, 2023  |  Cybersecurity

Payments FinTech Bottomline has teamed with Pay.UK to help companies prevent fraud. Get the Full Story Complete the form to unlock this article and enjoy...

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Report: Revolut US Payments Flaw Leads to $20 Million Theft
Report: Revolut US Payments Flaw Leads to $20 Million Theft
July 09, 2023  |  Cybersecurity

A flaw in Revolut’s U.S. payment system reportedly let criminals steal more than $20 million. Get the Full Story Complete the form to unlock this article...

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Reusable IDs and AI Help Merchants Beat Back the Fraudsters
Reusable IDs and AI Help Merchants Beat Back the Fraudsters
June 21, 2023  |  Cybersecurity

The fraudsters are racking up the gains, seeking, as they always do, to exploit vulnerabilities in card-not-present transactions. Get the Full Story Complete the form...

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Jack Henry Adds AI-Based Fraud Detection to Digital Payments Platform
Jack Henry Adds AI-Based Fraud Detection to Digital Payments Platform
June 20, 2023  |  Cybersecurity

Jack Henry has launched a real-time, artificial intelligence (AI)-based fraud mitigation feature. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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64% of FIs Report Increases in Fraud Attacks on Credit and Debit Cards 
64% of FIs Report Increases in Fraud Attacks on Credit and Debit Cards 
May 25, 2023  |  Cybersecurity

The heated battle between fraudsters and financial institutions (FIs) got hotter during the pandemic-era run-up in eCommerce and the use of alternative payment methods. This...

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UK Records $1.5 Billion in Fraud in 2022
UK Records $1.5 Billion in Fraud in 2022
May 14, 2023  |  Cybersecurity

Fraudsters stole more than £1.2 billion ($1.5 billion) in the U.K. last year, down 8% since 2021. Get the Full Story Complete the form to...

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