Fraud Prevention

Fraud Prevention
77% of Banks Considering Tap-To-Authenticate Technology to Stop Fraud
March 14, 2025

America’s banks are under siege, and the enemy is invisible. Authentication-based fraud is skyrocketing, leaving financial institutions scrambling to fight back against an epidemic of stolen identities, hacked passwords and unauthorized transactions. Get the Full Story Complete the form to unlock this article and enjoy...

Fraud Prevention
Faster Payments Get Faster Fraud Defense
March 12, 2025

Faster payments means faster fraud, at least that’s the fear. 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...

Fraud Prevention
Visa Says New Anti-Fraud Unit Blocked $350 Million in Scam Attempts
March 11, 2025

Visa says its new anti-fraud disruption department saved potential victims $350 million last year. 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...

Fraud Prevention
Banks Outmaneuver Fraudsters by Beefing Up Human Intelligence
March 10, 2025

The payments landscape is more sophisticated than ever, but so are fraudsters. 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...

Fraud Prevention
Report: Riskified Considering Sale After Receiving Takeover Interest
March 06, 2025

Fraud prevention software firm Riskified is reportedly exploring a sale and other options. 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....

Fraud Prevention
Behavioral Analytics Inject ‘Smart Friction’ Into Battle Against Scams and Payments Fraud
March 05, 2025

Scams against banks and their customers have exploded. 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...

Fraud Prevention
FTC Lawsuit Temporarily Halts ‘Phantom Debt Collection’ Scheme
March 03, 2025

The Federal Trade Commission (FTC) said Monday (March 3) that its lawsuit led a federal court to temporarily halt the operations and freeze the assets of a “phantom debt collection” scheme and its operators. Get the Full Story Complete the form to unlock this article...

Fraud Prevention
Coupa: AI Is Cure for Procurement Fraud Epidemic
February 25, 2025

Procurement fraud has evolved on the back of digitally sophisticated tactics from an occasional business headache into a full-blown financial and reputational disaster for organizations worldwide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Fraud Prevention
Mastercard and Feedzai Team to Fight AI-Powered Scams
February 18, 2025

Mastercard has teamed with financial crime prevention company Feedzai to help financial institutions prevent scams. 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,...