The first iteration of 3D Secure was hailed as a online fraud game-changer, but its effectiveness came at the cost of consumer convenience — and,...
Credit card fraud is a problem that affects banks, merchants, credit card providers and individual consumers all at once, as fraudsters deploy a wide variety...
Recent data from PYMNTS shows many companies aren’t accepting new business due to a fear of potential fraud. The reasoning behind their hesitance may be...
The increased global penetration of mobile devices has transformed how consumers transact with their preferred financial institutions (FIs), merchants and service providers. As consumers’ lives...
A recent PYMNTS study found that 11% of credit and debit card users experienced some form of fraud in 2021, as did more than 5% of consumers using social...
Synthetic identity fraud and phishing scams are growing in complexity and scale, and companies can no longer rely on a single line of defense to...
Fraudsters are growing bolder in their tactics and targets, and fraud prevention experts struggle to keep up. Banks, for example, saw their average monthly volume...
Digital fraud is a constant threat to banks, businesses, government entities and individuals, and its volume and costs continue to expand, despite the best efforts...
As businesses work to keep out fraud and curb false declines in the year ahead, they must bear in mind that context is key. In...