security and fraud

Fraud-Fighting Organizations Build Trust in Netherlands’ Digital Transformation
Fraud-Fighting Organizations Build Trust in Netherlands’ Digital Transformation
March 13, 2023  |  Connected Economy

The Netherlands may not always be top of mind when considering digital connectedness or online enforcement, but PYMNTS’ research has detailed the country’s above-average digital...

READ MORE >
FTC: Fraud Losses Surged 30% Last Year, Cost Consumers $8.8B
FTC: Fraud Losses Surged 30% Last Year, Cost Consumers $8.8B
March 01, 2023  |  Security & Fraud

Fraud has a price tag — and it keeps going up. As reported by the Federal Trade Commission last week, consumers lost $8.8 billion last...

READ MORE >
Vesta CFO Says Evolving Consumer Consumption Habits Drive Global Growth
Vesta CFO Says Evolving Consumer Consumption Habits Drive Global Growth
March 01, 2023  |  Security & Fraud

Fraud is a two-way street, eating away at merchant bottom lines while also disrupting the end-user experience. “As people increasingly do business and transact online,...

READ MORE >
Plaid and Okta Partner on Secure Connections for Open Finance
Plaid and Okta Partner on Secure Connections for Open Finance
February 15, 2023  |  Security & Fraud

Plaid and Okta have partnered to help financial institutions offer open finance more securely. By combining Plaid’s data network that connects financial accounts to apps...

READ MORE >
Avoiding the Network Effect of B2B Payments Fraud 
Avoiding the Network Effect of B2B Payments Fraud 
February 14, 2023  |  B2B Payments

B2B networks leveraging the latest technologies are only as strong as their weakest link. As business-to-business (B2B) relationships evolve to become online-first and more companies...

READ MORE >
Pay.UK on Striking the Balance Between Fast and Friction in Stopping UK Fraud Epidemic
Pay.UK on Striking the Balance Between Fast and Friction in Stopping UK Fraud Epidemic
February 14, 2023  |  Security & Fraud

The U.K. has been experiencing a widespread payments fraud epidemic in recent years. Authorized push payment (APP) fraud, for example, increased 40% between 2020 and...

READ MORE >
FTC Unit Aids With Criminal Prosecutions of Scammers
FTC Unit Aids With Criminal Prosecutions of Scammers
January 30, 2023  |  Security & Fraud

When scammers took in $1.2 million from small businesses and nonprofits, the FTC acted. Because the Federal Trade Commission (FTC) is not authorized to bring...

READ MORE >
Inscribe Raises $25M to Expand Fraud Detection Capabilities
Inscribe Raises $25M to Expand Fraud Detection Capabilities
January 25, 2023  |  Security & Fraud

Inscribe has raised $25 million to expand its fraud detection capabilities and introduce risk intelligence tools. The new Series B capital brings the firm’s total...

READ MORE >
ShipManager Hack Puts 1,000 Vessels’ Data at Risk
ShipManager Hack Puts 1,000 Vessels’ Data at Risk
January 18, 2023  |  Security & Fraud

ShipManager servers fell victim to a ransomware attack on Jan. 7. DNV, the Oslo-based company that operates the fleet management platform, announced the cybersecurity breach...

READ MORE >