Fraud Prevention

An Industry Insider on Balancing Security With Seamlessness
An Industry Insider on Balancing Security With Seamlessness
February 24, 2023  |  Credit Unions

58% of FIs reported a rise in the cost of fraudulent transactions in 2022, which is why Seth Ruden of First Tech Federal Credit Union...

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Targeted Friction Helps Credit Unions Fight Fraud as Attacks Surge
Targeted Friction Helps Credit Unions Fight Fraud as Attacks Surge
February 23, 2023  |  Credit Unions

With the world existing more online than ever, fraud attacks targeting financial institutions (FIs) are a growing threat. Criminals are increasingly succeeding in exploiting the...

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GoDaddy Says Third Cyberattack by Group Targeted Customer Sites
GoDaddy Says Third Cyberattack by Group Targeted Customer Sites
February 20, 2023  |  Security & Fraud

GoDaddy has discovered the third cyberattack on its network by the same group since 2020. In the most recent attack, which was discovered in December 2022,...

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The Three Things Merchants Are Doing to Fight Fraud in 2023
The Three Things Merchants Are Doing to Fight Fraud in 2023
February 17, 2023  |  Opinion

Combining data, technology and strategy is the best way to combat fraud and support revenue, Wendi Lete, chief customer experience officer at Kount, writes in...

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Payments Vaults Evolving as Retailers Prioritize a Secure Consumer Experience
Payments Vaults Evolving as Retailers Prioritize a Secure Consumer Experience
February 16, 2023  |  Security & Fraud

Payments vaults are moving to the forefront of many businesses’ customer experience strategies. Joseph Meuse, vice president of product management at Spreedly, told PYMNTS in...

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Incoming Payments Fraud Poses ‘Silent Threat’ to Bottom Lines  
Incoming Payments Fraud Poses ‘Silent Threat’ to Bottom Lines  
February 16, 2023  |  Security & Fraud

Put up $2, and you can score $100 million. Incoming payments are the new attack vector.   And as nsKnox Chief Operating Officer Nithai Barzam and...

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Avoiding the Network Effect of B2B Payments Fraud 
Avoiding the Network Effect of B2B Payments Fraud 
February 14, 2023  |  B2B Payments

B2B networks leveraging the latest technologies are only as strong as their weakest link. As business-to-business (B2B) relationships evolve to become online-first and more companies...

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Companies Focus on Fraud Prevention as Industrial Ransomware Attacks Jump 87%
Companies Focus on Fraud Prevention as Industrial Ransomware Attacks Jump 87%
February 14, 2023  |  Security & Fraud

Cyberattacks on industrial businesses skyrocketed last year amid a rise in criminals selling ransomware services. That’s according to a new report from cybersecurity firm Dragos, which cites political...

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An Inside Look at Authentication Done Right
An Inside Look at Authentication Done Right
February 13, 2023  |  Digital Identity

With 70% of U.S. adults interested in advanced ID verification, companies that leverage it to speed sign-in are poised to gain revenue, Spark Wallet CEO...

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