Banks’ digitization journeys have been a rocky road, to say the least. The spark of FinTech innovation in recent history has set off a catalyst...
Internet scammers, by nature, are a resourceful lot. They poke and prod, looking for various weaknesses to be exploited on online platforms, in company emails...
Though fraud technology has evolved to combat the monster of payments fraud, there is a growth threat for banks that innovators are also paying attention...
Paper checks, photocopies. Fraudulent companies. Banks and other firms may think payments fraud is all about BEC, but low-tech also has its place in the...
The Justice Department has unsealed an indictment spanning hundreds of charges against 80 individuals, many of them Nigerian nationals. The charges detail elaborate BEC schemes...
Symantec has discovered vulnerabilities in two popular messaging and media apps, WhatsApp and Telegram, which can be hijacked to commit payments fraud. Separately, phishing scams...
Attacks on Australia’s government — including payments fraud — have been on the rise, scoring, cumulatively, tens of millions of dollars. Elsewhere, individual cases of...
Cost containment solution provider Palmarius Advisors is rolling out an accounts payable (AP) automation solution designed to generate revenue and enhance spend control for corporate...
In payments fraud, it pays — literally — to change up the game a bit. As noted in a report by FireEye, the bad guys...