If your house were robbed or your car vandalized, you wouldn’t hesitate to report the crime to the police. So why do so few victims of financial scams report the incidents to their financial institutions? Get the Full Story Complete the form to unlock this...
Watch more: Need to Know: Block’s Brian Boates 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...
Petco has reported that a setting within one of its software applications made customers’ personal information accessible online. 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...
Beyond the victims and the billions of dollars in losses, the rise of AI-driven fraud means banks, FinTechs and payment providers must think about risk, liability and real-time fund flows. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
A recent PYMNTS Intelligence report finds that retailers will enter this year’s peak shopping season defending themselves on more fronts than ever before. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
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Reported ransomware incidents and payments dropped in 2024 after law enforcement’s disruption of two high-profile ransomware groups, the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) said Thursday (Dec. 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Visa blocked 280% more suspected fraud attempts on Black Friday in the United Kingdom this year compared to last year and 140% more across Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The “2025 State of Fraud and Financial Crime in the United States” report, a PYMNTS Intelligence report commissioned by Block, reveals that the financial industry is navigating an increasingly sophisticated and dynamic threat landscape. The primary trend observed is a significant surge in unauthorized-party fraud,...