Two hackers were sentenced to a combined 24 years in U.S. prison for stealing hundreds of millions of dollars from financial institutions across the globe using the malware SpyEye. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The landscape of cyberfraud – specifically payment card intrusions – is littered with piecemeal attacks, scattershot lone actors and small groups. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Forter, the fraud prevention company known for its automated, real-time Decision-as-a-Service solution for online merchants, announced today (April 21) that it’s closed a $32 million Series C funding round led by Scale Venture Partners. Get the Full Story Complete the form to unlock this article and enjoy...
A Washington, D.C.-area grocery story chain is only allowing customers to purchase reloadable or prepaid gift cards with cash or bank PIN-based debit due to a significant increase in credit card fraud. Get the Full Story Complete the form to unlock this article and enjoy...
There is an old adage: anything that can be made, can be faked. According to new data from OECD and the EU’s Intellectual Property Office, those fakes are quite a lucrative industry for the enterprising counterfeiter, with a total annual value of nearly half a trillion...
Everyone said that fraud would move online in the U.S. post-EMV—and we now have proof that it has. A new report by PYMNTS and Forter shows that the rate of online fraud attacks has jumped by 11 percent since October, and by 215 percent since...
Ingenico Group’s mobile solutions division has launched a new mPOS EMV SDK aimed at providing mobile ISVs and developers with a faster route to EMV integration. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
New research from Google shows our online websites may not be as safe as we thought they were. 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...
EVO Payments International and Verifone announced the launch of a solution aimed at supporting a smoother EMV migration for restaurants and other merchants in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
