Fraud Protection news and trends

Visa Recasts Digital Wallet Landscape at Intersection of Identity and Payments
Payment Methods // May 15, 2024

Throughout history, the number seven has held significant importance. There are seven days of the week, seven colors in a rainbow, the “lucky sevens” when playing the slots, and it is the number of things that experts say people can easily remember.  It’s also the...

Mastercard and Consumers International Team to Improve Consumer Protection
Partnerships // December 07, 2023

Mastercard has teamed with Consumers International to improve protections for vulnerable consumers in the digital finance space. The project, announced Thursday (Dec. 7) and part of the Mastercard Center for Inclusive Growth, is designed to bring together digital financial service providers, regulatory bodies, consumer advocates and technology companies,...

Financial Platform Charlie Debuts Fraud Protection Tools for Older Americans
Fraud Prevention // November 08, 2023

Senior-focused financial platform Charlie has introduced a suite of fraud protection tools for older Americans. The company’s FraudShield offering, announced in a news release Wednesday (Nov. 8), uses data about 62-and-older consumers’ static habits, patterns and preferences to help combat the $28-billion-per-year problem of financial crimes against older...

AI’s Only Threat Is to Businesses That Don’t Leverage It
Artificial Intelligence // June 26, 2023

The utility of artificial intelligence (AI) is often forgotten amid the hysteria swirling around it. But in a world where technology is advancing at an unprecedented pace, that utility can be transformative. “When you think about financial services, the [immediate use case] is obviously fraud protection,” Jeremiah Lotz,...

Interviews & Exclusives
AI’s Only Threat Is to Businesses That Don’t Leverage It

June 26, 2023
The utility of artificial intelligence (AI) is often forgotten amid the hysteria swirling around it. But in a world where technology is advancing at an unprecedented pace, that utility can be transformative. “When you think about financial services, the [immediate use case] is obviously fraud protection,” Jeremiah Lotz, managing vice president, digital and data at PSCU, told PYMNTS. […]

Invoice Verification Slows Pace of Real-Time Business Payments Fraud

February 28, 2023
Business-to-business (B2B) payments are transforming as companies of all sizes swap checks and traditional payment methods for real-time payments, embedded finance solutions and banking-as-a-service (BaaS) products. Adopting these quicker, more...

Cloud-Based Innovations Offer Retailers Cheaper Path to Cutting Edge

December 05, 2022
In a year filled with belt-tightening and challenges, retailers are tapping cheaper cloud-based tech solutions. From the ongoing Ukraine crisis and supply chain issues to an energy crisis and decreased...

Onboarding Sellers At The Speed Of Revenue

May 14, 2020
eCommerce ordering shot up since the pandemic was declared on March 12 and brick-and-mortar businesses closed its doors, leading to a boom in both businesses and consumer transacting through digital...

Quick Reads
Mastercard Debuts Merchant Cloud to Bolster Commerce Growth

October 14, 2025
Mastercard has introduced a payments platform providing its services and those of its partners to merchants. The company’s Merchant Cloud offers “scheme-agnostic solutions” for credential tokenization, guest checkout, fraud protection, identity verification, and approval rate optimization, Mastercard said in a Tuesday (Oct. 14) news release. In addition, the company added, the platform offers customers with […]

Mastercard and Consumers International Team to Improve Consumer Protection

December 07, 2023
Mastercard has teamed with Consumers International to improve protections for vulnerable consumers in the digital finance space. The project, announced Thursday (Dec. 7) and part of the Mastercard Center for Inclusive Growth, is...

Financial Platform Charlie Debuts Fraud Protection Tools for Older Americans

November 08, 2023
Senior-focused financial platform Charlie has introduced a suite of fraud protection tools for older Americans. The company’s FraudShield offering, announced in a news release Wednesday (Nov. 8), uses data about 62-and-older consumers’ static...

NMI, Kount Team on ISV and Merchant Fraud Prevention

November 21, 2022
Payments platform NMI is collaborating with digital identity firm Kount, an Equifax company, to provide independent software vendors, independent sales organizations and merchant partners with enhanced fraud protection.  With this...