The most expensive fraud control is becoming the one that works perfectly, just a few seconds too late. Two developments from Washington this week, one from the U.S. Treasury Department and the other from the Securities and Exchange Commission, suggest that the next competitive advantage...
A bank can monitor a login, score a transaction and flag unusual account activity. It can’t see the text message that convinced its customer to send the money, which is giving scammers a lucrative way to switch up how they reach victims. The PYMNTS Intelligence...
U.S. Bank introduced a service called Project 360, designed to help customers protect their privacy, according to a Wednesday (Oct. 7) press release. Project 360 lets users monitor credit activity, identify threats to their privacy and respond when personal info might be exposed, per the...
A pair of representatives last week unveiled legislation targeting one piece of the increasingly industrialized fraud economy. Reps. Jefferson Shreve of Indiana and Rob Menendez of New Jersey introduced the Stop SIM Box Scams Act, which would ban manufacturing, importing, selling, leasing, advertising, owning or...
October 09, 2026
Businesses that combine several artificial intelligence tools to fight payments fraud are nearly twice as likely to stop at least 90% of attempted attacks before losing money, according to new PYMNTS Intelligence research. “Prevention First: Building a Smarter Defense Against Payments Fraud” is a PYMNTS Intelligence report produced in collaboration with Bottomline and published in […]
October 08, 2026
A bank can monitor a login, score a transaction and flag unusual account activity. It can’t see the text message that convinced its customer to send the money, which is...
October 07, 2026
A pair of representatives last week unveiled legislation targeting one piece of the increasingly industrialized fraud economy. Reps. Jefferson Shreve of Indiana and Rob Menendez of New Jersey introduced the...
September 28, 2026
Nvidia is moving the artificial intelligence kill switch deeper into the machinery, giving businesses a way to stop autonomous agents even when the software directing them fails to keep them...
October 07, 2026
U.S. Bank introduced a service called Project 360, designed to help customers protect their privacy, according to a Wednesday (Oct. 7) press release. Project 360 lets users monitor credit activity, identify threats to their privacy and respond when personal info might be exposed, per the release. “Fraud, scams and the exposure of personal information have […]
September 29, 2026
Federal Reserve Vice Chair for Supervision Michelle Bowman warned about the danger artificial intelligence poses to banks while also touting its benefits. “While banks continue to face a number of...
September 28, 2026
Nvidia debuted an open software platform and reference system designed for agentic artificial intelligence safety, according to a Monday (Sept. 28) news release. The Nvidia Open Agent Safety Platform is...
September 23, 2026
A trove of data allegedly stolen from the FBI includes detailed information about employees working on sensitive intelligence, counterespionage and security operations, Reuters reported Wednesday (Sept. 23). The data, obtained...
