payment fraud

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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Heartland School Solutions: How Schools Are Integrating Digital Solutions Into Their Payments Systems
Heartland School Solutions: How Schools Are Integrating Digital Solutions Into Their Payments Systems
September 23, 2021  |  Digital Payments

Stacking cash and checks is no longer sustainable for school systems, but many are giving high marks to digital payments for their visibility and cost...

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BEC Scams Nearly Double Over Three Years
BEC Scams Nearly Double Over Three Years
July 29, 2019  |  B2B Payments

Business E-mail Compromise (BEC) fraud scams are on the rise, and the latest data shows a boost in the number of incidents and the value...

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Four In 10 Road Warriors Use Corporate Cards For Personal Items
Four In 10 Road Warriors Use Corporate Cards For Personal Items
November 09, 2018  |  B2B Payments

Corporate cards used for personal gain — no doubt it’s a story familiar to you, as the practice is widespread, according to a recent study...

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SWIFT Launches Payment Controls To Beef Up Protections
SWIFT Launches Payment Controls To Beef Up Protections
October 22, 2018  |  Security & Fraud

SWIFT announced Monday (October 22) the launch of Payment Controls, a new in-network solution to combat fraudulent payments and to help strengthen customers’ existing security....

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ProfitStars Targets Online Bill Pay Fraud For Banks
ProfitStars Targets Online Bill Pay Fraud For Banks
September 20, 2018  |  B2B Payments

ProfitStars, the Jack Henry & Associates division that provides risk management solutions for financial institutions, announced its latest fraud tool on Wednesday (Sept. 19). The...

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Fed Names New Payments Security Leader
Fed Names New Payments Security Leader
December 11, 2017  |  B2B Payments

The U.S. Federal Reserve System has appointed its Payments Security Strategy leader, the agency announced Friday (Dec. 8). Kenneth Montgomery, first vice president and chief...

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UK Watchdog Proposes Compensation Plan For Victims Of Push Payment Fraud
UK Watchdog Proposes Compensation Plan For Victims Of Push Payment Fraud
November 09, 2017  |  B2B Payments

The U.K. Payments System Regulator (PSR) is taking steps to address the 100 payment scams hitting consumers and businesses every day. The financial watchdog has...

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American Express, MineralTree Are Bringing More Efficiency To Accounts Payable
American Express, MineralTree Are Bringing More Efficiency To Accounts Payable
August 02, 2017  |  Payment Methods

American Express, the credit card company, and MineralTree, an accounts payable (AP) and payment automation solution provider, announced news on Tuesday (August 1) the launch...

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