Fraud & Security

As fraudsters continue utilizing innovative technology for their illicit activities, financial institutions find themselves in an endless game of catch-up....

Real-time money movement (RTMM) is gaining traction worldwide. Although real-time payments only account for only a 1.2% share of the...

Walmart’s fraud detection program, Redemption, has helped return $4 million from would-be gift card scammers since 2018. The proprietary technology...

Banks and fintechs grappling with increasing identity fraud levels need to take care not to alienate their customers in the...

The surge of faster payments systems has inadvertently paved the way for a surge in fraudulent attacks. With new technology...

Apple agreed this week to settle a lawsuit that was filed in 2020 over its gift cards. One of the...

The retail industry continues to face significant challenges when it comes to returns, as indicated by the latest findings from...

A surge in card skimming incidents has occurred at several grocery stores throughout the Boston area, heightening concerns about the...

Fraudsters are increasingly using QR codes to capture personal information. According to the Federal Trade Commission, more fraudsters are applying...

The development of new payment systems for consumers has inspired merchants, software vendors, and financial institutions to become more creative...