Cybersecurity

Cybersecurity
Germany’s Parliament Announces Plans To Investigate Wirecard 
September 01, 2020

As the criminal investigation into the collapse of Wirecard AG continues, the Bundestag (Germany’s Parliament) is planning to hold an inquiry into the payment company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Fraud Prevention
Deep Dive: How AI and ML Improve Fraud Detection Rates And Reduce False Positives
September 01, 2020

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Cybersecurity
Visa Takes Aim At Unemployment Insurance Fraud
September 01, 2020

At the intersection of government assistance, vulnerable populations and digital payments … the fraudsters lie in wait. 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...

Cybersecurity
Authenticating Consumers And Preventing Fraud In An Age Of Distraction
September 01, 2020

We’re living in the age of distraction. 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...

Fraud Prevention
ING On The Use Of AI And ML In Financial Crime Prevention
August 31, 2020

Fraudsters aren't just posing a threat to retail banking, but are now also targeting corporate accounts with large scale schemes that combine phishing and malware attacks, says Beate Zwijnenberg, chief information security officer for ING Group. In this month’s Preventing Financial Crimes Playbook, Zwijnenberg explains...

Cybersecurity
Quantifying Quantum Computing’s Value In Financial Services
August 28, 2020

The next great leap for computing may be a bit closer with the help of joint efforts between the U.S. government, the private sector — and hundreds of millions of dollars. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Fraud Prevention
Report: How ING Group Is Using AI To Fight Financial Crime
August 28, 2020

Banks, credit unions and other financial institutions (FIs) were forced to stop more than $25 billion in fraud attempts in 2018 alone, but such efforts can often feel ineffective as fraud continues to grow regardless of FIs’ prevention measures. Sixty-one percent of FIs report that...

Cybersecurity
Fortnite, Minecraft Accounts Big Business On Black Market
August 27, 2020

Tens of thousands of stolen Fortnite accounts are being sold on the black market in a $1 billion a year trade, according to Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cybersecurity
Cybersecurity Agencies Warn Banks Of North Korean Hackers
August 26, 2020

Four federal agencies say that a hacking team from the North Korean government has attempted to steal nearly $2 billion from ATMs in more than three dozen countries, from Argentina to Zambia. Get the Full Story Complete the form to unlock this article and enjoy...