fraud management

FBI: More Than $12 Billion Lost to Online Fraud in 2023
FBI: More Than $12 Billion Lost to Online Fraud in 2023
April 08, 2024  |  Security & Fraud

American consumers and business owners lost a record $12.5 billion last year to online scammers, marking a 22% spike in cybercrime over 2022, according to...

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Nearly 60% of Firms Say Failed Payments Are Expensive to Track and Resolve
Nearly 60% of Firms Say Failed Payments Are Expensive to Track and Resolve
February 23, 2024  |  Digital Payments

False declines, which cause friction in the payment process, have a detrimental effect on transaction success rates and discourage customers from returning.  Get the Full...

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Failed Cross-Border Payments Cost US Merchants an Estimated $3.8B
Failed Cross-Border Payments Cost US Merchants an Estimated $3.8B
February 21, 2024  |  Cross-border Payments

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Moving GenAI in Payments From Talking Point to Embedded Feature
Moving GenAI in Payments From Talking Point to Embedded Feature
January 29, 2024  |  artificial intelligence

From education to business to healthcare, the opportunities that artificial intelligence presents are limitless — at least according to proponents of the technology. Get the...

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Merchants’ Black Friday Was Good Despite Missing Sales from Failed Payments
Merchants’ Black Friday Was Good Despite Missing Sales from Failed Payments
November 27, 2023  |  eCommerce

More than half of Americans made at least one purchase on Black Friday, according to PYMNTS Intelligence data. However, not all online transactions were likely successful. According...

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Global Growth Creates Compliance Challenge for Digital Brands
Global Growth Creates Compliance Challenge for Digital Brands
December 15, 2022  |  Cross-border Payments

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Payments Localization, BNPL and Cross-Border Drive PayU’s 3-Year Roadmap
Payments Localization, BNPL and Cross-Border Drive PayU’s 3-Year Roadmap
November 04, 2022  |  Payments Innovation

In economic crises, companies often reflexively clamp down on new product and market development, when in many cases such times can be exploited as springboards...

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Everi Deploys Prove’s Identity Solutions for Casino Transactions
Everi Deploys Prove’s Identity Solutions for Casino Transactions
October 06, 2022  |  Security & Fraud

Gaming industry supplier Everi has added Prove Identity’s digital identity verification solutions to further reduce bad actors, fraudulent accounts and user friction from transactions in...

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GIACT Report: $3.4B Lost To New Account Fraud In 2018
GIACT Report: $3.4B Lost To New Account Fraud In 2018
July 25, 2019  |  Security & Fraud

A new report from GIACT Systems has revealed that $3.4 billion was lost due to New Account Fraud (NAF) last year. Get the Full Story...

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