Retailers are leveraging innovative solutions, such as biometrics, to enhance convenience, security and personalized services in their day-to-day business. Biometrics systems are gaining popularity as...
False declines are a significant yet often overlooked issue that impacts both businesses and consumers. Picture this: You attempt to make a purchase, only to...
Prove Identity says Brazilian payment tech company Elo will use its technology to battle fraud. The partnership, announced Thursday, will let Elo leverage Prove’s identity verification solutions to improve...
“Trust, in the digital age,” Doriel Abrahams, head of risk in the U.S. at Forter, told PYMNTS, “is a lot different than it used to...
YouTube will add disclosure requirements and other rules for content created with artificial intelligence (AI). These upcoming additions are part of the platform’s effort to...
Online retailers widely implement anti-fraud tools and strategies — but minimizing false declines while effectively screening out potential fraud is easier said than done. Payment...
Fraudulent activities can manifest in various forms, including identity theft, payment fraud and cyberattacks. In all those cases, legacy and manual back-end systems provide bad...
Senior-focused financial platform Charlie has introduced a suite of fraud protection tools for older Americans. The company’s FraudShield offering, announced in a news release Wednesday (Nov. 8), uses...
Fraud schemes are evolving alongside technology, becoming more sophisticated and mutating to exploit vulnerabilities within financial institutions. In fact, fraud incidents increased by 13% in...