Credit Card Fraud news and trends

UK Investment Association Warns of Rise in ‘Cloning Scams’
Cybersecurity // May 18, 2025

A British investment group is warning consumers about the proliferation of “cloning scams.” 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....

37% of Consumers Highly Concerned About Credit Card Fraud
Security & Fraud // April 09, 2025

A recent report, “Consumer Credit Economy: Credit Card Fraud,” a collaboration between PYMNTS Intelligence and i2c, reveals a substantial level of consumer concern surrounding this issue. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

A Third of Consumers Have Been Victimized by Credit Card Fraud
Security & Fraud // December 05, 2024

Credit card fraud is a rising concern for American consumers, with nearly 1 in 3 reporting fraudulent charges in the past year. As incidents of fraud increase, so does consumer anxiety, with 37% of individuals expressing heightened worry. Get the Full Story Complete the form...

Mastercard Doubles Fraud Detection Rate With Generative AI
Security & Fraud // July 24, 2024

Mastercard has unveiled a new approach to identify compromised payment cards, leveraging a combination of generative artificial intelligence and graph technology. The company reports that this method has doubled its detection rate for compromised cards before they can be used fraudulently. Get the Full Story...

Interviews & Exclusives
37% of Consumers Highly Concerned About Credit Card Fraud

April 09, 2025
A recent report, “Consumer Credit Economy: Credit Card Fraud,” a collaboration between PYMNTS Intelligence and i2c, reveals a substantial level of consumer concern surrounding this issue. 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 […]

A Third of Consumers Have Been Victimized by Credit Card Fraud

December 05, 2024
Credit card fraud is a rising concern for American consumers, with nearly 1 in 3 reporting fraudulent charges in the past year. As incidents of fraud increase, so does consumer...

Mastercard Doubles Fraud Detection Rate With Generative AI

July 24, 2024
Mastercard has unveiled a new approach to identify compromised payment cards, leveraging a combination of generative artificial intelligence and graph technology. The company reports that this method has doubled its...

Small Businesses Confront Card Fraud Vulnerabilities

May 29, 2024
Large enterprises continue to fight all kinds of fraud, from insider threats to payments fraud to social engineering. But small businesses are often overlooked as they fight the same battles....

Quick Reads
Indian Banks Log Threefold Uptick in Fraud

May 29, 2025
Bank fraud in India nearly tripled during 2024, according to the country’s central bank. 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 […]

UK Investment Association Warns of Rise in ‘Cloning Scams’

May 18, 2025
A British investment group is warning consumers about the proliferation of “cloning scams.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Galileo Launches 3D Secure Product to Guard Against Credit Card Fraud

July 23, 2024
Galileo Financial Technologies now offers 3D Secure to help clients protect against card-not-present (CNP) debit and credit card fraud. Get the Full Story Complete the form to unlock this article...

SmartMetric Launches Biometric Security Solution for Credit and Debit Cards

June 27, 2023
SmartMetric has launched a biometric security solution for credit and debit cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...