Fraud Prevention

Behavioral Analytics Helps FIs Spot Fraudsters Posing as Legitimate Businesses
Behavioral Analytics Helps FIs Spot Fraudsters Posing as Legitimate Businesses
February 22, 2022  |  Authentication

Identity fraud is one of the most well-known forms of cybercrime, with 15 million Americans experiencing it each year. Still, there is an even more...

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61% of Consumers Are Willing to Use Anything but a Password to Access Online Accounts
61% of Consumers Are Willing to Use Anything but a Password to Access Online Accounts
February 21, 2022  |  Authentication

Username and password combinations remain the authentication method most commonly used by consumers to access digital financial services accounts.  In fact, 64% of consumers still...

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SIM Swap Fraud Spotlights Biometrics, Behavioral Analytics as Defense
SIM Swap Fraud Spotlights Biometrics, Behavioral Analytics as Defense
February 21, 2022  |  Security & Fraud

The mobile phone, increasingly, is becoming the means through which criminals are impersonating unwitting victims, and stealing from them. The FBI said earlier this month...

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PYMNTS Intelligence: Behavioral Analytics’ Role In Multilayered Fraud Defense Systems
PYMNTS Intelligence: Behavioral Analytics’ Role In Multilayered Fraud Defense Systems
February 11, 2022  |  Authentication

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...

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Alloy On Leveraging Behavioral Analytics As Part Of A Multilayered Fraud Prevention System
Alloy On Leveraging Behavioral Analytics As Part Of A Multilayered Fraud Prevention System
February 10, 2022  |  Authentication

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...

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Behavioral Analytics Takes Center Stage When Fighting Synthetic ID Fraud
Behavioral Analytics Takes Center Stage When Fighting Synthetic ID Fraud
February 09, 2022  |  Authentication

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...

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Remote Finance Teams Expose B2B Payments Fraud Vulnerabilities
Remote Finance Teams Expose B2B Payments Fraud Vulnerabilities
February 09, 2022  |  B2B Payments

It may seem that the pandemic has spurred new waves of fraudulent activity and more creative ways to lure unwitting victims into parting with sensitive...

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EMEA Daily: Big Tech Gets Support From Washington, in Europe
EMEA Daily: Big Tech Gets Support From Washington, in Europe
February 08, 2022  |  International

In today’s top Europe, Middle East and Africa (EMEA) news, Big Tech got a surprise gift from the Biden White House. Meanwhile, European Commission Executive...

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PYMNTS Intelligence: The Problems of First- and Third-Party Fraud in the Digital Ecosystem
PYMNTS Intelligence: The Problems of First- and Third-Party Fraud in the Digital Ecosystem
February 08, 2022  |  Fraud Prevention

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...

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