Fraud Prevention

Fraud Prevention
90% of FIs Say a Fraud-Prevention Vendor’s Reputation Is Key to Collaboration 
April 23, 2024

More than 40% of financial institutions (FIs) report seeing increasing volumes of fraud and financial crimes, according to PYMNTS Intelligence data.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Fraud Prevention
Phone Number Data Expands Fraud Prevention Arsenal
April 22, 2024

While digital identities incorporate various data points such as name, email and physical address, phone numbers are swiftly emerging as the predominant means of identification.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Fraud Prevention
Basware Debuts AI-Powered Fraud Prevention Tool
April 22, 2024

Accounts payable (AP) automation company Basware has launched a new fraud/error protection solution. 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...

Fraud Prevention
Digital Payments Turn the Tables on Check Scams
April 17, 2024

Despite the prevalence of digital alternatives, checks continue to be a preferred payment method for many organizations. 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...

Fraud Prevention
DataVisor and Mitek Team to Stem Rising Tide of Check Fraud
April 09, 2024

Fraud and risk platform DataVisor says it has launched a partnership with identity verification provider Mitek. 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
Intellicheck CEO Envisions a Bank Consortium to Fight ID Fraud
April 09, 2024

When you read about collaboration in the financial services industry the topic usually centers around banks and FinTechs. But maybe there’s more to that story. Because sometimes competitors can collaborate and when the topic turns to ID fraud, a team effort among banks just might...

Fraud Prevention
‘Swarm’ Attacks Challenge Traditional Fraud Defenses  
April 04, 2024

For as long as hard-earned money has existed, criminals have been trying to take it. And as money itself has evolved across an increasingly digital landscape, bad actors have followed suit with their own, increasingly sophisticated tactics — making safeguarding against payments fraud an ever-more...

Fraud Prevention
Online Merchants Say Outsourcing Fraud Prevention Impacts Payments Success
April 04, 2024

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 to receive marketing communications from PYMNTS and...

Fraud Prevention
Fastly Rolls Out Tool to Help Battle Bot Attacks
April 02, 2024

Edge cloud platform Fastly has launched a tool to help companies combat bot attacks. 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...