Executives reported a 73% increase in P2P fraud and 44% in instant or real-time payment fraud in the last 12 months, according to PYMNTS data....
The speed that makes instant payment apps such as Zelle and Venmo popular also makes them attractive tools for fraudsters. Bad actors defrauded nearly 18...
It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and...
Automated bots can wreak havoc on banks, but building an airtight defense can impede a good user experience. The challenge is separating the good bots,...
Digital fraud continues to flourish, with recent surveys finding that security breaches have increased 67% since 2014 and 11% since 2018. Casualties of these breaches...
Axos Bank parent company Axos Financial has rolled out out commercial banking operations across new markets in the U.S., it said. The bank announced Thursday...
The U.S. banking industry is an ever-evolving machine, shaped and disrupted by FinTech, regulation and shifting customer expectations. Until recently, these changes rarely impacted the...