Sen. Mark Warner, D-Va., vice chair of the Senate Select Committee on Intelligence, has called on the Department of Homeland Security (DHS) and the Department of Justice (DOJ) to look into a recently revealed breach of a DHS information-sharing network. Get the Full Story Complete the form to unlock this...
Visa debuted a solution designed to help financial institutions spot cyberthreats and prevent fraud, according to a Thursday (July 2) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Fraud used to sit in the back office. Now it has a front-row seat in the issuer growth strategy. Every blocked purchase, failed dispute or scam that slips through can weaken the cardholder relationship. That makes fraud prevention more than a risk-control function. It’s now...
The Aspen Institute Financial Security Program (Aspen FSP) has launched a new effort focused on reducing the scale and severity of scams affecting Americans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
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Apple has a new policy in which it has accelerated its release of security updates in response to the speed with which artificial intelligence can develop malicious hacking tools, Reuters reported Monday (June 29). Get the Full Story Complete the form to unlock this article...
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Fraud deadlines arguably don’t attract much attention outside compliance departments. This year’s changes to the Nacha Operating Rules reshape how banks are expected to identify suspicious ACH activity before losses accumulate. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Financial regulators must adopt artificial intelligence tools to counter those already being used in cyberattacks, Marlene Amstad, chair of the Swiss Financial Market Supervisory Authority (FINMA) and chair of the International Organization of Securities Commissions (IOSCO), told Reuters in a report posted Friday (June 26)....
