Security Fraud news and trends

FBI: GameOn Founder Cheated AI Investors Out of $60 Million
Security & Fraud // January 26, 2025

The founder of artificial intelligence (AI) firm GameOn has been charged with defrauding his company’s investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

From Credit to Compliance: The Risk Rollercoaster in B2B Payments
Security & Fraud // December 18, 2024

Trust is both the foundation and the future of payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Personalized Attacks, Scalable Solutions: The Payments Industry’s New Security Imperative
Security & Fraud // December 18, 2024

The payments industry faces the dual challenge of enhancing user experience while combating sophisticated fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

A Third of Consumers Have Been Victimized by Credit Card Fraud
Security & Fraud // December 05, 2024

Credit card fraud is a rising concern for American consumers, with nearly 1 in 3 reporting fraudulent charges in the past year. As incidents of fraud increase, so does consumer anxiety, with 37% of individuals expressing heightened worry. Get the Full Story Complete the form...

Interviews & Exclusives
From Credit to Compliance: The Risk Rollercoaster in B2B Payments

December 18, 2024
Trust is both the foundation and the future of payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and […]

A Third of Consumers Have Been Victimized by Credit Card Fraud

December 05, 2024
Credit card fraud is a rising concern for American consumers, with nearly 1 in 3 reporting fraudulent charges in the past year. As incidents of fraud increase, so does consumer...

Ingo Payments and Sardine Team to Combat ‘Gone in Five Minutes’ Account Opening Fraud

October 23, 2024
Fear can be a powerful motivator, especially where payments fraud is concerned. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

More Than Half of US Consumers Use P2P Apps to Send Money

August 02, 2024
Consumers are turning to peer-to-peer (P2P) apps like Venmo and Zelle for quick and easy money transfers. But while these services have become ubiquitous, concerns about fraud are casting a...

Quick Reads
FBI: GameOn Founder Cheated AI Investors Out of $60 Million

January 26, 2025
The founder of artificial intelligence (AI) firm GameOn has been charged with defrauding his company’s investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to […]

FTC Lawsuit Prompts Shutdown of Alleged ‘Online Business Opportunity Scam’

October 28, 2024
A Federal Trade Commission (FTC) lawsuit that alleges an “online business opportunity scam” led a federal court to temporarily shut down the operations of Lunar Capital Ventures, Ecom Genie and...

Santander and HSBC Join Government Warnings on QR Code-Based Cyberattacks

October 27, 2024
First came phishing. Now, consumers and cyberdefenders need to guard against “quishing.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

US Treasury: AI Helped Recover and Prevent $4 Billion-Plus in Fraud

October 17, 2024
The U.S. Treasury Department said artificial intelligence (AI) has helped fuel a fraud/improper payments recovery. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...