Fraud news and trends

Fraudsters Leave Patterns, and AWS Wants AI to Follow Them

October 27, 2026
fraud-security-artificial-intelligence
Scams Gain 10 Percentage Points in Share of Fraud Dollars
Fraud Prevention // October 27, 2026

Banks have an opportunity to strengthen fraud protection by helping customers recognize when someone is persuading them to send money to a criminal. That’s a central finding of “Scams Get Personal: Why Banks Pay More to Fight Fraud,” the September 2026 edition of PYMNTS Intelligence’s “The...

Rhode Island Lawsuit Claims Meta Knowingly Profits From Financial Scam Ads
Legal & Regulation // October 23, 2026

Rhode Island Attorney General Peter F. Neronha sued Meta Thursday (Oct. 22), alleging that the company fails to block advertisements for fraudulent products and financial scams on its platforms, Neronha said in a press release. The lawsuit alleged that Meta knows “that scam ads cause...

FTC Data Shows Investment Scams Fuel Fivefold Surge in Seniors’ Fraud Losses
Fraud Prevention // October 22, 2026

Fraud losses reported by older adults increased fivefold between 2020 and 2025, leaping from $600 million to $3 billion, the Federal Trade Commission (FTC) said Monday (Oct. 19). The FTC shared this data in a press release outlining findings from its report to Congress, “Protecting...

Cloudflare Reports Millions of Exploit Attempts After PHP Flaws Disclosed
Cybersecurity // October 22, 2026

Cloudflare reported millions of attempts to exploit newly disclosed vulnerabilities in PHP, or Hypertext Preprocessor, as companies and governments raced to secure websites and online services built on the widely used programming language. Cloudflare Chief Executive Matthew Prince described the rapid escalation in a post...

Interviews & Exclusives
Fraudsters Leave Patterns, and AWS Wants AI to Follow Them

October 27, 2026
Fraud attacks can now be assembled with commercially packaged software, distributed across accounts and devices, and altered faster than banks can rewrite a conventional fraud rule. “We’re seeing fraudsters leverage commoditized SaaS toolkits sold on dark web marketplaces to orchestrate scams, card testing attacks and synthetic identity fraud at industry scale,” AWS Head of Payment […]

Scams Gain 10 Percentage Points in Share of Fraud Dollars

October 27, 2026
Banks have an opportunity to strengthen fraud protection by helping customers recognize when someone is persuading them to send money to a criminal. That’s a central finding of “Scams Get...

Banks’ Growing Fraud Tech Stacks Create an Integration Challenge

October 20, 2026
Banks have plenty of fraud technology, but getting all of it to work as a cohesive line of defense is becoming a problem. The PYMNTS Intelligence report “Scams Get Personal:...

Stablecoins Move From Making Payments to Making Loans

October 19, 2026
More digital assets are moving into lending strategies, turning stablecoin and cryptocurrency holdings into credit exposure for investors seeking yield. The growth shows how the uses for digital assets are...

Quick Reads
Rhode Island Lawsuit Claims Meta Knowingly Profits From Financial Scam Ads

October 23, 2026
Rhode Island Attorney General Peter F. Neronha sued Meta Thursday (Oct. 22), alleging that the company fails to block advertisements for fraudulent products and financial scams on its platforms, Neronha said in a press release. The lawsuit alleged that Meta knows “that scam ads cause significant financial harm to vulnerable consumers”; allows the ads “because […]

FTC Data Shows Investment Scams Fuel Fivefold Surge in Seniors’ Fraud Losses

October 22, 2026
Fraud losses reported by older adults increased fivefold between 2020 and 2025, leaping from $600 million to $3 billion, the Federal Trade Commission (FTC) said Monday (Oct. 19). The FTC...

Cloudflare Reports Millions of Exploit Attempts After PHP Flaws Disclosed

October 22, 2026
Cloudflare reported millions of attempts to exploit newly disclosed vulnerabilities in PHP, or Hypertext Preprocessor, as companies and governments raced to secure websites and online services built on the widely...

AI Security Demand Propels 1Password ARR Past $500 Million

October 22, 2026
Identity security firm 1Password has seen its annual recurring revenue increase 90% year-over-year to over $500 million, driven by customers’ need to secure the artificial intelligence agents and workflows they...