Scams news and trends

Ransomware Negotiator Gets 6 Years in Prison for Assisting Scammers

July 12, 2026
ransomware
WhatsApp Steps Up Fight Against Account Impersonation
Facebook / Meta // July 01, 2026

WhatsApp recently began offering usernames, designed to help people connect while keeping their phone numbers private. 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...

JPMorganChase and Amazon Back Aspen Institute Drive Against Scams
Fraud Prevention // June 30, 2026

The Aspen Institute Financial Security Program (Aspen FSP) has launched a new effort focused on reducing the scale and severity of scams affecting Americans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banks Deploy AI to Chase Stolen Funds After Instant Payments Clear
Banking // June 29, 2026

Real-time payments move money faster, and they remove the window to recover it. Transactions sent over instant rails are irreversible. Once funds leave an account, they cannot be recalled, leaving institutions with no way to claw the money back. The problem is compounding. PYMNTS Intelligence...

Fake Reddit Posts Are Hijacking What AI Tells You
Artificial Intelligence // June 12, 2026

In late May, moderators of r/Biohackers, a Reddit community with roughly 830,000 members, restricted new standalone posts about peptides and hormone replacement therapy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Interviews & Exclusives
53% of Scam Victims Recover Money When They Tell Their Bank

March 23, 2026
A scam often works because the payment happens before the victim has time to think. 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 […]

Behind the Top Scams Consumers Face and the Defenses That Work

January 13, 2026
Fraudsters are nothing if not creative, constantly reshaping old tricks with new technology to stay one step ahead of consumers and the institutions that serve them. Get the Full Story...

Account Takeovers Surge as Banks Scramble to Respond

December 22, 2025
Fraudsters are constantly evolving, and banks are struggling to keep up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

AI-Powered Scams Force Banks Into Real-Time Fraud Defense

December 18, 2025
Watch more: The Digital Shift: Block’s Brian Boates  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Quick Reads
Ransomware Negotiator Gets 6 Years in Prison for Assisting Scammers

July 12, 2026
A cybersecurity expert has been sentenced to prison for helping criminals scam his clients. 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 […]

WhatsApp Steps Up Fight Against Account Impersonation

July 01, 2026
WhatsApp recently began offering usernames, designed to help people connect while keeping their phone numbers private. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

JPMorganChase and Amazon Back Aspen Institute Drive Against Scams

June 30, 2026
The Aspen Institute Financial Security Program (Aspen FSP) has launched a new effort focused on reducing the scale and severity of scams affecting Americans. Get the Full Story Complete the...

Bank Tellers Play Detective in Face of Rising Fraud

June 07, 2026
A spike in incidents of financial fraud has reportedly turned America’s bank tellers into quasi-detectives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...