Cybersecurity

Cybersecurity
Visa: Innovation Boosts Authorization Rates as Merchants Improve the Customer Experience
February 02, 2024

“There’s a lot going on for merchants today, and they have a lot to juggle,” Saurabh Chopra, head of product, U.S. debit, prepaid and real-time payments at Visa, told PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cybersecurity
AI’s Role in Helping Banks Fight Fraud and Financial Crimes
February 01, 2024

Easy money attracts bad actors.  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...

Cybersecurity
Experian Launches Fraud Prevention Tool for Car Dealers
January 31, 2024

Car buying is increasingly moving online, and scammers who target car buyers are following suit. 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...

Cybersecurity
White House Mulls Requiring Cloud-Computing Companies to Disclose Customers
January 26, 2024

The Biden administration is reportedly set to propose new requirements for cloud computing companies in an effort to enhance security and protect sensitive data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cybersecurity
eCommerce Firms Use Advanced Screening Tools to Combat Tech-Driven Fraud
January 26, 2024

eCommerce firms are grappling with the widespread impact of fraud, and according to PYMNTS Intelligence research, more than 80% encountered true fraud — verified instances of fraudulent activities, not just suspected cases or false positives — in the past year. Get the Full Story Complete...

Fraud Prevention
Firms Partnering With Third Parties to Fight Fraud See Profit Boost
January 25, 2024

Payment service providers – also known as PSPs – are an important piece of the payment ecosystem. For any business that wants to deliver a payment to their customers, PSPs provides a platform to collect and manage any type of payment in an efficient and...

Cybersecurity
Manhattan DA: Payment Apps Need Greater Anti-Theft Protection
January 25, 2024

If someone stole your phone, how quickly would they be able to steal your money? 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,...

Cybersecurity
Fraud Concerns Leave Consumers Skeptical of Payment Data Aggregation Apps
January 24, 2024

Payment fraud incidents have been on the rise, increasing 88% since December 2021, PYMNTS Intelligence research reveals. For instance, 11% of consumers who paid for groceries experienced payment fraud in March 2023, compared to 5.7% in December 2021. Get the Full Story Complete the form to...

Cybersecurity
Ransomware Attacks Spotlight Need for FIs to Gauge Third-Party Risk 
January 24, 2024

The fraudsters grow ever-wilier, the attacks more brazen. 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...