Digital Fraud news and trends

Optimizing Digital Transactions: A Data-Driven Approach to Increasing Approval Rates
Mastercard // October 28, 2024

Successful digital transactions are an essential part of business. However, that doesn’t mean that all digital payment solutions used to ensure those transactions go through are created equal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Report: How Financial Scams Are Eroding Consumer Confidence and Financial Health
Fraud Prevention // October 23, 2024

Financial scams have never been more prevalent, but quality data on the number of victims and scale of their losses remains limited. For consumer-facing financial institutions (FIs), understanding the true scale of these scams is critical to protecting their customers. Get the Full Story Complete...

Digital Wallets Need to Remove Frictions to Increase Usage for Bill Pay
Money Mobility // March 28, 2024

Digital bill payment has become routine for most consumers, offering them extensive firsthand experience with the frustrations and challenges with these payments. Fraud, friction, limited payment options and slow payment times are just some obstacles consumers face when paying for electricity, internet service, tuition or...

FIs Depend on AI/ML Partners to Fight Next-Gen Fraudsters
Fraud Prevention // December 06, 2023

PYMNTS Intelligence recently found that more than 40% of financial institutions (FIs) see increasing fraud and financial crime. This advancing wave likely poses a significant threat to the financial services industry. Security is a top concern, and these institutions need cutting-edge tools to fight this...

Interviews & Exclusives
New Report Examines the Slick New Face of Digital Fraud

February 10, 2025
Scammers aren’t just throwing darts at a board anymore — they’re getting personal. 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 communications […]

Optimizing Digital Transactions: A Data-Driven Approach to Increasing Approval Rates

October 28, 2024
Successful digital transactions are an essential part of business. However, that doesn’t mean that all digital payment solutions used to ensure those transactions go through are created equal. Get the...

FIs Depend on AI/ML Partners to Fight Next-Gen Fraudsters

December 06, 2023
PYMNTS Intelligence recently found that more than 40% of financial institutions (FIs) see increasing fraud and financial crime. This advancing wave likely poses a significant threat to the financial services...

Credit Unions Counter the Growing Risk of AI Fraud

September 06, 2023
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,...

Quick Reads
Intel, FiVerity, Fortanix Fight Digital Fraud in Financial Services With Confidential Computing

April 19, 2022
Digital fraud prevention platform FiVerity, multi-cloud security company Fortanix and Intel have teamed up to help financial services companies fight digital identity fraud through confidential computing, according to a joint press release Tuesday (April 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content […]

Dibbs Taps Socure for ‘Know Your Customer’ Platform, Identity Verification

April 05, 2022
Socure, which provides digital identity verification and fraud solutions, has announced that Dibbs, the real-time blockchain marketplace, will be using its platform to provide a better onboarding experience, a press...

Kount Launches Solution To Protect Businesses From Friendly Fraud

October 28, 2019
Digital fraud prevention company Kount is rolling out a complete solution to protect companies from criminal and friendly fraud, the firm announced in a press release on Monday (Oct. 28). ...

Uber Sues Fetch Media For Fraudulent Ads

September 20, 2017
Uber has filed a lawsuit against Fetch Media, accusing the mobile ad company of improper billing for fraudulent ads and falsely taking credit for app downloads. Get the Full Story...