Anti Fraud news and trends

AWS and Mastercard Lead Industry Coalition to Fight Economic Crime
Fraud Prevention // September 02, 2024

The Centre for Finance, Innovation and Technology (CFIT) has formed an anti-financial crime group. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

FBI: More Than $12 Billion Lost to Online Fraud in 2023
Security & Fraud // April 08, 2024

American consumers and business owners lost a record $12.5 billion last year to online scammers, marking a 22% spike in cybercrime over 2022, according to the FBI.    Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Visa Extends Risk Management Solutions to Non-Visa Transactions
VISA // March 27, 2024

As real-time and account-to-account transactions rise and payments fraud continues to rise with them, Visa is putting artificial intelligence (AI) to work. The company announced Wednesday (March 27) that it will use AI in a trio of new applications within its fraud and risk management...

Bottomline Updates Insider Fraud Prevention Tool
Fraud Prevention // February 22, 2024

Business payments company Bottomline has debuted an updated fraud prevention kit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Interviews & Exclusives
AI Critical to Making Business Payments Faster and Safer

March 03, 2023
“Real-time payments processing is becoming a reality in B2B,” Manish Jaiswal, chief product and technology officer at Corcentric, told PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this […]

Diverse Data Sets Help Tackle Fraud Without ‘Unnecessary’ Payment Friction

December 21, 2022
Analysis of a variety of data sets is central to tackling online fraud without creating customer friction. Get the Full Story Complete the form to unlock this article and enjoy...

Mastercard Touts Value of ‘War Games,’ Simulations in Prepping for Cyberattacks

May 24, 2022
The best way for enterprises to battle frauds, bot attacks, synthetic ID attacks … Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Quick Reads
AWS and Mastercard Lead Industry Coalition to Fight Economic Crime

September 02, 2024
The Centre for Finance, Innovation and Technology (CFIT) has formed an anti-financial crime group. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing […]

Bottomline Updates Insider Fraud Prevention Tool

February 22, 2024
Business payments company Bottomline has debuted an updated fraud prevention kit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security Expert: Casino Hacks Were Part of Wider Crime Wave

September 19, 2023
The hackers who broke into the systems of two casino giants recently also carried out cyberattacks on three other companies. Get the Full Story Complete the form to unlock this article...

Sardine Launches Anti-Fraud Consortium of Financial Institutions and FinTechs

June 27, 2023
Fraud prevention firm Sardine has launched an industrywide, independent consortium to curtail payment fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...