Enron may be hazy in the minds of some, but former CEO Jeffrey Skilling's release from jail and federal custody shows that payments fraud is nothing new. In Florida, scams using corporate cards cause waves in Port Everglades.
You don’t always have to go out on a limb in payments to make an accurate prediction of things to come. Take the transition to EMV in the U.S., as Damon Moorer, president and CEO at TCM Bank N.A., told PYMNTS in a recent interview. Before the...
The U.S. Secret Service has sent out a warning about a difficult type of ATM skimming that could take days for criminals to set up. According to a non-public alert distributed to banks this week and shared with KrebsOnSecurity by another source, the Secret Service has...
Data released by Visa on Wednesday (Aug. 29) showed that counterfeit fraud ticked down at U.S. merchants by 75 percent from September 2015 to March 2018 as more storefronts started accepting chip cards. To that end, Visa said that, as of its latest “Visa Chip...
December 21, 2018
You don’t always have to go out on a limb in payments to make an accurate prediction of things to come. Take the transition to EMV in the U.S., as Damon Moorer, president and CEO at TCM Bank N.A., told PYMNTS in a recent interview. Before the liability shift in 2015, the industry-wide prediction was that the onset of […]
September 28, 2018
The U.S. Secret Service has sent out a warning about a difficult type of ATM skimming that could take days for criminals to set up. According to a non-public alert distributed to banks this week and shared with KrebsOnSecurity by another source, the Secret Service has received multiple reports about a form of skimming often called […]
August 22, 2018
Fiserv, the global provider of financial services technology solutions, announced on Wednesday (Aug. 22) that it has rolled out two enhanced consumer authentication solutions, step-up authentication and identity verification, to mitigate...
September 06, 2017
The head of the London Police department is calling for a limit on contactless card payments to prevent an increase in card fraud. According to a report in the Evening Standard,...
October 02, 2015
U.K. payments firm Worldpay is eyeing a new tactic to combat card fraud. The company announced Tuesday (Sept. 29) its researchers are investigating the use of facial recognition technology to...
