Fraud news and trends

Entrust Adds AI-Powered Verification to ID Platform
Authentication // January 21, 2025

Entrust has added artificial intelligence (AI)-powered verification to its identity-as-a-service (IDaaS) platform. The new offering, announced Tuesday (Jan. 21), is being introduced to respond to increasingly advanced forms of identity fraud. “In response to these threats, Entrust IDaaS now includes AI-driven biometrics, phishing-resistant passwordless multifactor...

How Contextual Awareness ‘Lets the Right Guy in’ for Transaction Security
Authentication // January 21, 2025

Financial institutions (FIs) can be thought of as the gatekeepers in online commerce. In today’s environment of rising fraud, criminals are using advanced technologies to impersonate legitimate consumers. Yet, FIs continue to rely on rules-based systems to authenticate account holders, using old-school static information (passwords...

Regional Bank Focuses on Delivering a ‘Yes and …’ Customer Experience
Opinion // January 21, 2025

Banking must focus on creating secure, fraud-resistant environments while maintaining personal relationships, Tammy Trilli, SVP Commercial Payments at FNBO, writes in a new PYMNTS eBook, “The Innovation Mindset: How to Achieve It in 2025.”   FNBO’s secret sauce has always been our relationships. We are...

This Week in AI: Biden Signs Executive Orders; Nvidia Targets Healthcare
Artificial Intelligence // January 17, 2025

This week in artificial intelligence, President Joe Biden issued executive orders related to AI leadership and safety while Nvidia unveiled partnerships with healthcare organizations to accelerate drug discovery. OpenAI, Amazon and Elon Musk were also in the news. Biden’s Executive Orders Focus on Governance, Safety...

Interviews & Exclusives
Geolocation Tech Makes Its Case as Fraud Fighter

January 22, 2025
Fraudsters have always had a knack for adapting to the game. But the latest player on the anti-fraud team isn’t your run-of-the-mill security solution. It’s the same technology that helps companies with location-based marketing and app experiences. Geolocation technology has matured into a tool capable of tracking not just where devices are, but how the […]

How Contextual Awareness ‘Lets the Right Guy in’ for Transaction Security

January 21, 2025
Financial institutions (FIs) can be thought of as the gatekeepers in online commerce. In today’s environment of rising fraud, criminals are using advanced technologies to impersonate legitimate consumers. Yet, FIs...

Regional Bank Focuses on Delivering a ‘Yes and …’ Customer Experience

January 21, 2025
Banking must focus on creating secure, fraud-resistant environments while maintaining personal relationships, Tammy Trilli, SVP Commercial Payments at FNBO, writes in a new PYMNTS eBook, “The Innovation Mindset: How to...

60% of US Consumers Use P2P Apps to Pay Bills

January 16, 2025
Peer-to-peer (P2P) payment platforms have gained popularity, especially among young consumers who value quick and seamless transactions. As adoption expands, however, these platforms face the challenge of balancing user convenience...

Quick Reads
Entrust Adds AI-Powered Verification to ID Platform

January 21, 2025
Entrust has added artificial intelligence (AI)-powered verification to its identity-as-a-service (IDaaS) platform. The new offering, announced Tuesday (Jan. 21), is being introduced to respond to increasingly advanced forms of identity fraud. “In response to these threats, Entrust IDaaS now includes AI-driven biometrics, phishing-resistant passwordless multifactor authentication (MFA), adaptive risk-based authentication (RBA), and secure digital onboarding,” […]

Cyberattackers Turn to YouTube Comments to Hide Malware

January 14, 2025
Cyberattackers are reportedly using Google and YouTube search results to target people seeking pirated/cracked software. Scammers are posing as “guides” on YouTube, claiming to offer software installation tutorials, DarkReading reported Monday (Jan. 13), citing research...

Chainalysis Bolsters Fraud Detection Capabilities With Alterya Acquisition

January 13, 2025
Blockchain data platform Chainalysis acquired Alterya, an artificial intelligence-powered fraud detection solution that works with cryptocurrency exchanges and FinTechs to identify scammers and protect the companies’ end users from authorized...

Bluefin Integrates With Visa Platform Connect to Help Merchants Combat Fraud

January 13, 2025
Payments security provider Bluefin says it has integrated its payment gateway with Visa Platform Connect. The integration, announced Monday (Jan. 13), is designed to provide a fast and secure connection...