As businesses work to keep out fraud and curb false declines in the year ahead, they must bear in mind that context is key. In the Digital Fraud Tracker, TSYS’ Dondi Black explains how companies can tap AI and machine learning to verify data points...
Fraudsters aren’t contained to a 9-to-5 workday, and they’re not off on holidays and weekends. Instead, they’re working all hours of the day and night. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Equifax has reached a settlement over its data breach, according to an update put out by the Federal Trade Commission (FTC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
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Welcome to PYMNTS’ series on crypto crime. In it, we’ll be looking at the crimes that have not only been committed in the cryptocurrency industry but have defined it — especially bitcoin — in many people’s minds. Get the Full Story Complete the form to...
Wormhole, a communication bridge between Solana and other decentralized finance (DeFi) blockchain networks, was hacked to the tune of about $320 million in cryptocurrency, according to a Bloomberg report Wednesday (Feb. 2). Get the Full Story Complete the form to unlock this article and enjoy...
Americans reported losing about $770 million to fraud on social media last year, an 18-fold increase from 2017, the Federal Trade Commission (FTC) recently reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Nonfungible token (NFT) collector Larry Lawliet announced Monday (Jan. 31) on Twitter that he had lost $2.7 million worth of super-hot Bored Ape and Mutant Ape tokens to a hacker. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
As the world enters the third year of battling COVID-19, lawmakers said regulators must do more to stop price gouging and scams targeting the public seeking protection against the coronavirus, UPI reported. Get the Full Story Complete the form to unlock this article and enjoy...
