Cybersecurity

Fraud Prevention
Mission Lane on Preventing Financial Fraud in a Connected Age
May 09, 2022

Although consumers are increasingly using an array of connected devices to conduct financial transactions, they're doing so with the expectation that banks and FIs will keep them secure. In the "Digital Fraud Tracker," Mission Lane’s Gaurishankar Gopalakrishnan shares thoughts on how FIs are using advanced...

Cybersecurity
Mining Capital Coin CEO Indicted in $62M Crypto Fraud Scheme
May 06, 2022

Mining Capital Coin CEO and founder Luiz Capuci Jr. was indicted for allegedly masterminding a $62 million global investment fraud scheme through his purported cryptocurrency mining and investment platform, the U.S. Department of Justice announced Friday (May 6). Get the Full Story Complete the form...

Cybersecurity
PYMNTS AM Radar: Securing IoT; Stablecoin Regs; Hack Me Please; BNPL Gets Physical; ICYMI
May 06, 2022

It’s Friday, May 6 and hard to believe that it was only 24 years ago that Steve Jobs introduced the first iMac. Today, the internet of things connects smart watches to home thermostats, and companies pay people to hack their systems to stay ahead of...

Fraud Prevention
How Banks Are Pulling the Plug on Financial Fraud in a Connected Age
May 06, 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...

Cybersecurity
Crowdsourced Bug Bounty Programs Help EU Firms Beat Hackers at Their Own Game
May 06, 2022

Cyberthreats have heightened in the wake of the pandemic and fraudsters getting more sophisticated by the day, creating countless threats and vulnerabilities that require businesses to stay on top of their game to safeguard their data and systems from attackers. Get the Full Story Complete...

Cybersecurity
Big Data, Machine Learning Battle Online Payments Fraud as Criminals Target BNPL
May 05, 2022

Most consumers don’t think about eCommerce fraud. 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...

Cybersecurity
Stripe Offers Businesses Customer-Account Verification Tools
May 04, 2022

Stripe, the financial infrastructure platform, will help businesses set up direct connections with customers’ bank accounts, a press release says, letting them set up various financial processes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cybersecurity
TCH: Tokenization Removes Fraud Risk From Account-to-Account Transfers
May 03, 2022

There’s a fundamental vulnerability within the great digital shift, amid the contactless payments, the digital wallets, the new and mobile ways in which we pay: Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cybersecurity
Augmented Analytics Helps Banks Weed Out Fraudsters and Reduce False Positives
May 03, 2022

The fraudsters get sophisticated, and the schemes get faster and evolve with a fluidity that’s breathtaking.  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...