Banks and financial institutions (FIs) face challenges in balancing the convenience of digital banking with the need for robust security measures. Economic impacts from fraud...
As travelers pack their bags for long-awaited summer trips, a new breed of scammer is tagging along — powered by artificial intelligence (AI). From fake...
As we move fast and furiously into a digitally connected economy, payments modernization is essential. After all, how businesses and consumers pay, and get paid,...
Scam factories, where perpetrators themselves are victims of a system they help perpetuate, present a significant challenge to the integrity of global financial networks, resulting...
False declines, which cause friction in the payment process, have a detrimental effect on transaction success rates and discourage customers from returning. According to findings...
Consumers who scan a QR code for what they think is a legitimate purpose could actually be giving their personal information to scammers. The Federal Trade...
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...
Security researchers have reportedly discovered malware that steals user data via optical character recognition. This malware, known as CherryBlos and uncovered by security firm Trend Micro,...
Caitlin Sinclair, director of proposition development, financial crime at GIACT, an LSEG business, recently told PYMNTS that open banking can — and will — give rise...