Card Fraud news and trends

How False-Positives Complicate The B2B Payments Fraud Fight

June 20, 2019
Ghosts Of Payments Fraud Past: Enron CEO Skilling Freed From Custody
B2B Payments // March 01, 2019

Enron may be hazy in the minds of some, but former CEO Jeffrey Skilling's release from jail and federal custody shows that payments fraud is nothing new. In Florida, scams using corporate cards cause waves in Port Everglades.

The Consumer’s Role In Battling Fraud
Security & Fraud // December 21, 2018

You don’t always have to go out on a limb in payments to make an accurate prediction of things to come. Take the transition to EMV in the U.S., as Damon Moorer, president and CEO at TCM Bank N.A., told PYMNTS in a recent interview. Before the...

Secret Service Alerts FIs About ATM Skimming
Security & Fraud // September 28, 2018

The U.S. Secret Service has sent out a warning about a difficult type of ATM skimming that could take days for criminals to set up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Visa: Chip Cards Reduce Counterfeit Fraud At U.S. Merchants By 75 Percent
VISA // August 29, 2018

Data released by Visa on Wednesday (Aug. 29) showed that counterfeit fraud ticked down at U.S. merchants by 75 percent from September 2015 to March 2018 as more storefronts started accepting chip cards. Get the Full Story Complete the form to unlock this article and...

Interviews & Exclusives
The Consumer’s Role In Battling Fraud

December 21, 2018
You don’t always have to go out on a limb in payments to make an accurate prediction of things to come. Take the transition to EMV in the U.S., as Damon Moorer, president and CEO at TCM Bank N.A., told PYMNTS in a recent interview. Before the liability shift in 2015, the industry-wide prediction was that the onset of […]

Quick Reads
Secret Service Alerts FIs About ATM Skimming

September 28, 2018
The U.S. Secret Service has sent out a warning about a difficult type of ATM skimming that could take days for criminals to set up. 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, […]

Fiserv Rolls Out Enhanced Consumer Authentication Solutions

August 22, 2018
Fiserv, the global provider of financial services technology solutions, announced on Wednesday (Aug. 22) that it has rolled out two enhanced consumer authentication solutions, step-up authentication and identity verification, to mitigate...

London Police Chief Wants A Cap On Contactless Payments Amount

September 06, 2017
The head of the London Police department is calling for a limit on contactless card payments to prevent an increase in card fraud. According to a report in the Evening Standard,...

Worldpay Looks Into Facial Recognition Transaction Tech

October 02, 2015
U.K. payments firm Worldpay is eyeing a new tactic to combat card fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...