Fraud Prevention

Valve Squashes Steam Bug That Could Fill Gamers’ Wallets

August 18, 2021

Video game developer Valve plugged a security bug that could have been used by gamers to fill their Steam wallets with unlimited funds, ThreatPost and other media outlets reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Fraud Prevention

How AI And Machine Learning Can Address Banks’ Fraud-Fighting Weaknesses

July 09, 2021

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

Deep Dive: Why Innovative AML, Watchlist Screening Solutions Are Key To Blocking Digital-First Crime

July 08, 2021

Fraud Prevention

FBI: Why AI And MFA Provide The Most Effective Fraud Defense

July 08, 2021

Fraudsters’ use of social engineering and phishing continues to triumph many of the modern-day fraud-fighting techniques. In this month’s Digital Fraud Tracker, PYMNTS talked with Enrique Alvarez, special agent for the FBI’s cyber branch, about how combining multifactor authentication and AI can help save merchants...

Fraud Prevention

The FBI On Revamping Fraud Prevention Strategies To Protect Against Digital-First Financial Crime

July 07, 2021

Financial institutions (FIs) often shut down accounts at the first sign of fraud, but this blanket approach can alienate legitimate users and let stealthier cybercriminals slip through the cracks. In the latest Preventing Financial Crimes Playbook, PYMNTS spoke with an FBI spokesperson to examine why...