Fraud Prevention

Duplicate Financing Fraud Faces New Foe That Sheds Light on an Elusive Thief

Duplicate Financing Fraud Faces New Foe That Sheds Light on an Elusive Thief
Duplicate Financing Fraud Faces New Foe That Sheds Light on an Elusive Thief
September 22, 2021  |  Payment Methods

In trade finance on a global level, there’s a form of fraud known to exist but is hard to quantify because it’s only discovered when...

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Unraveling Opaque Web Of Corporate Ownership Helps FIs Expand Business Opportunities
Unraveling Opaque Web Of Corporate Ownership Helps FIs Expand Business Opportunities
September 20, 2021  |  Cybersecurity

It is getting harder for financial institutions to win what seems to be the endless war on financial crime. Incidences of money laundering, corruption continue...

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Why Merchants’ Biggest Fraud Problem Isn’t The Payments Consumers Make
Why Merchants’ Biggest Fraud Problem Isn’t The Payments Consumers Make
September 15, 2021  |  Authentication

It’s becoming ever more critical for fraud management and mitigation to be part of emerging technologies such as virtual cards, digital issuing, and buy now,...

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Mastercard’s CipherTrace Deal Brings Trust and Blockchain Forensics to Crypto Space
Mastercard’s CipherTrace Deal Brings Trust and Blockchain Forensics to Crypto Space
September 13, 2021  |  Cybersecurity

As crypto and digital currencies take shape — where bitcoin, blockchain, CBDCs and stablecoins jostle against one another for pre-eminence — there needs to be...

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Cybersecurity Czar Richard Clarke Tells PYMNTS ‘New Mindset’ Needed To Win Cyberwar
Cybersecurity Czar Richard Clarke Tells PYMNTS ‘New Mindset’ Needed To Win Cyberwar
August 24, 2021  |  Cybersecurity

“When I was a kid, criminals robbed banks and had guns. Now they’re not even in the same country. They sit in Eastern Europe on...

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Today in Payments Around the World: Accelerating Egyptian AI and Cybersecurity Startups, Paysafe Acquires German Platform
Today in Payments Around the World: Accelerating Egyptian AI and Cybersecurity Startups, Paysafe Acquires German...
August 23, 2021  |  Cross-border Payments

Today in payments around the world, Paysafe has acquired viafintech in Germany. Plus, Arab Bank launches AB Accelerators in Egypt and HSBC introduces mobile payments...

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Bank Customers Are More Trusting When FIs Use ‘Zero Data’ Approach
Bank Customers Are More Trusting When FIs Use ‘Zero Data’ Approach
August 19, 2021  |  Cybersecurity

Whether it’s consumers getting comfortable with a new payments experience or a large financial institution (FI) getting comfortable sharing data with FinTechs, there’s one constant...

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Reliance On Outdated Usernames And Passwords Is Slowing Digital Progress
Reliance On Outdated Usernames And Passwords Is Slowing Digital Progress
August 17, 2021  |  Commerce Connected

Despite the fact that we’re more connected than ever, and doing more online than ever, the login experience is remarkably and consistently … old school....

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