Cybersecurity

Cybersecurity
UK Payment Regulator to Get More Powers to Fight Authorized Push Payment Fraud 
May 18, 2022

The U.K. Payment System Regulator (PSR) is continuing its fight against authorized push payment (APP) fraud. New rules and legislation will provide the regulator with more tools to reduce fraud and to demand compensation from banks.  Get the Full Story Complete the form to unlock...

Fraud Prevention
The Data Point: 92% of Merchants Using Only Third-Party Tech Keep Chargebacks Under 0.5%
May 17, 2022

Fraud detection is constantly improving, but so are the capabilities of fraud rings and hackers, making choice of fraud detection and dispute resolution technology critically important in 2022. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cybersecurity
Digital Main Street, Mastercard to Help SMBs Fight Cybercrime
May 16, 2022

Digital Main Street and Mastercard will expand their partnership with an eye toward giving more resources to help Canadian businesses fight cybercrime, which has been increasing since the beginning of the pandemic, according to a Mastercard press release Monday (May 16). Get the Full Story...

Fraud Prevention
Report: Merchants Overestimate Their Own Dispute-Resolution Skills
May 16, 2022

The online shopping surge of the past two years heightened the risk of credit card fraud and drove many merchants to invest more heavily in anti-fraud measures. Merchants tend to rely on a mix of proprietary and third-party tools to resolve transaction disputes and clamp...

Cybersecurity
Treasury Dept. Outlines Strategy to Fight Terrorist Funding, Illicit Finance
May 13, 2022

The U.S. Department of the Treasury issued its strategy for fighting illicit financing Friday (May 13), highlighting measures designed to make the financial system more transparent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Fraud Prevention
Twitter’s Buyout Pause Shows Platforms Need Robust Verification Tools in Battle vs Bots
May 13, 2022

For the Twitter bid a la Elon Musk, the lesson is: Easy come, easy go. 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
EU Agrees on Cybersecurity Laws to Protect Financial Sector
May 13, 2022

The European Parliament, the Council of the European Union and the European member states voted to pass two important pieces of legislation that will tighten cybersecurity requirements for firms to reduce the risks of cyber attacks.  Get the Full Story Complete the form to unlock...

Cybersecurity
Security, Seamless Payments Tradeoff Drives Demand for KYB
May 13, 2022

With more work being done and services being provided via the cloud, identity has become increasingly important.  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...

Fraud Prevention
PYMNTS Intelligence: Why Security Is Key to the Future of IoT-Enabled Devices for Banking and...
May 10, 2022

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 communications from PYMNTS and...