payments fraud

Fraud Concerns Leave Consumers Skeptical of Payment Data Aggregation Apps

Fraud Concerns Leave Consumers Skeptical of Payment Data Aggregation Apps
Fraud Concerns Leave Consumers Skeptical of Payment Data Aggregation Apps
January 24, 2024  |  Cybersecurity

Payment fraud incidents have been on the rise, increasing 88% since December 2021, PYMNTS Intelligence research reveals. For instance, 11% of consumers who paid for groceries...

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Risk-Based Scores and Customer Profiles Bolster Merchant Efforts Against Fraudsters
Risk-Based Scores and Customer Profiles Bolster Merchant Efforts Against Fraudsters
January 24, 2024  |  Cybersecurity

No matter the attack vector, bad actors have a singular strategy in place when it comes to eCommerce fraud, Jason Paguandas, VP and GM, Merchant...

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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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