Source: consumer.ftc.gov
Like many industries, scamming is getting an artificial intelligence-powered upgrade. That’s according to a report Saturday (Oct. 10) by Bloomberg News, citing data from the...
The most expensive fraud control is becoming the one that works perfectly, just a few seconds too late. Two developments from Washington this week, one...
A bank can monitor a login, score a transaction and flag unusual account activity. It can’t see the text message that convinced its customer to...
U.S. Bank introduced a service called Project 360, designed to help customers protect their privacy, according to a Wednesday (Oct. 7) press release. Project 360...
A pair of representatives last week unveiled legislation targeting one piece of the increasingly industrialized fraud economy. Reps. Jefferson Shreve of Indiana and Rob Menendez...
The 43% of scam victims who pay fraudsters within an hour present banks with an obvious problem. There may be almost no time to stop...
Watch more: The Digital Shift With Operation Shamrock’s Erin West The morning before she spoke with PYMNTS CEO Karen Webster, Erin West took a call...
Decades-old payment technology is reportedly helping scammers steal hundreds of millions of dollars from the welfare system. It’s part of an operation led by Romanian...