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 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...
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 build, the company said in a Thursday (Oct. 22) press release. As these customers adopt...
European regulators are investigating whether Booking.com has done enough to prevent scams on its platform. The European Commission (EC) announced Wednesday (Oct. 21) that it had opened a formal inquiry into whether the travel platform had violated the Digital Services Act (DSA) by not having...
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: Why Banks Pay More to Fight Fraud” found in September that 78% of financial institutions said the complexity of new technology systems was their top […]
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...
October 16, 2026
Banks have an opportunity to strengthen fraud prevention by looking more closely at payments that arrive with a valid login or a customer’s approval. That’s the central implication of the...
October 15, 2026
For card issuers, artificial intelligence is moving closer to the transaction itself. Eighty-nine percent of issuers plan to adopt or expand at least one AI fraud capability, according to the...
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 […]
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...
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...
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...
