Bank fraud in India nearly tripled during 2024, according to the country’s central bank. In its annual report Thursday (May 29), the Reserve Bank of India (RBI) recorded 360 billion rupees ($4.2 billion) in fraud for the year that ended on March 31, up from 122.3 billion...
A British investment group is warning consumers about the proliferation of “cloning scams.” As The Investment Association (IA) said in a report last week, these scams happen when a criminal sets up an almost-identical version of a genuine website, email or social media account, leveraging...
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. It shows 28% of consumers having already fallen victim to credit card fraud within the last year. Moreover, 37%...
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. A PYMNTS Intelligence report, “Credit Card Fears...
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. It shows 28% of consumers having already fallen victim to credit card fraud within the last year. Moreover, 37% express being very or extremely worried about the prospect of […]
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...
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...
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....
May 29, 2025
Bank fraud in India nearly tripled during 2024, according to the country’s central bank. In its annual report Thursday (May 29), the Reserve Bank of India (RBI) recorded 360 billion rupees ($4.2 billion) in fraud for the year that ended on March 31, up from 122.3 billion for the same period last year. “Frauds have occurred predominantly […]
May 18, 2025
A British investment group is warning consumers about the proliferation of “cloning scams.” As The Investment Association (IA) said in a report last week, these scams happen when a criminal...
July 23, 2024
Galileo Financial Technologies now offers 3D Secure to help clients protect against card-not-present (CNP) debit and credit card fraud. The company’s new Galileo 3D Secure Access Control Server is available...
June 27, 2023
SmartMetric has launched a biometric security solution for credit and debit cards. The solution features biometric fingerprint recognition technology built into the card to recognize the cardholder and turn on the...
