As online scams and financial crimes continue to surge at the halfway point of 2024, banks and payment companies are ramping up efforts to protect consumers and their own bottom lines. At the forefront are new technology solutions and a call for greater collaboration and...
The IRS is warning tax professionals of a rise in scams designed to steal taxpayer information. The tax agency and its “Security Summit” partners — a group of state tax agencies and private tax industry organizations — said Tuesday (July 16) they are seeing a...
Prove has introduced tools to help customers integrate its identity verification technology into their operations. The company on Tuesday (July 16) announced its developer self-service platform along with an identity solution known as Prove Link SDK. “As businesses exhaust huge amounts of resources to fight...
Fraud data sharing consortium Sonar has launched a new service that helps banks and FinTechs verify if their customer data has been compromised in a breach or used for fraudulent activities. This new service, Red Flag, allows organizations to proactively check if an account’s credentials are...
July 17, 2024
As online scams and financial crimes continue to surge at the halfway point of 2024, banks and payment companies are ramping up efforts to protect consumers and their own bottom lines. At the forefront are new technology solutions and a call for greater collaboration and data sharing to stay ahead of increasingly sophisticated fraudsters. Dave […]
July 10, 2024
Maybe there’s one bit of stolen digital information fraudsters can’t make use of: tokens. Calling them “the magic behind payments,” Valeri Vanourek, vice president of digital products at Discover® Global...
July 08, 2024
When it comes to securing payments, one can never be too safe. As digital transactions increase and technology advances at breakneck speed, so do the tactics of cyber adversaries. Within...
July 02, 2024
Success in today’s hyper-connected digital landscape boils down to two things: security and convenience. And the success of digital payments and eCommerce in the 21st century also rests on those...
July 17, 2024
Voice authentication and security firm Pindrop has raised $100 million in debt financing. The funding, announced Wednesday (July 17) and coming from Hercules Capital, allows Pindrop to further develop its audio, voice, and artificial intelligence (AI) technologies for customers in industries that include banking, finance, contact center, insurance, utilities, healthcare and retail. “Contact centers, which […]
July 16, 2024
The IRS is warning tax professionals of a rise in scams designed to steal taxpayer information. The tax agency and its “Security Summit” partners — a group of state tax...
July 16, 2024
Prove has introduced tools to help customers integrate its identity verification technology into their operations. The company on Tuesday (July 16) announced its developer self-service platform along with an identity...
July 10, 2024
Fraud data sharing consortium Sonar has launched a new service that helps banks and FinTechs verify if their customer data has been compromised in a breach or used for fraudulent activities....
