Fraud & Security

Criminals are growing more sophisticated, adapting their fraud tactics faster than many can keep pace with. Both organizations and the customers they serve are constantly seeking ways to safeguard their security against these threats.

P2P

Fintechs Need to Learn From Banks and Credit Unions about Protecting Consumers from P2P Fraud

by Sarah Grotta

October 14, 2020

The New York Times published an in-depth article on fraud issues that consumers using Square’s Cash App and PayPal’s Venmo...

Biometrics

Will Behavioral Biometrics Be Added to 3-D Secure to Enhance Fraud Detection?

by Tim Sloane

October 13, 2020

This opinion piece in The Paypers argues that behavioral biometrics added to a cardholder challenge would strengthen the step-up process....

Security

Email Phishing in 2020: Fake Login Pages and Credential Theft a Constant Threat for the Financial Industry

by Ian Baxter

October 9, 2020

In a rare move, the US Financial Industry Regulatory Authority (FINRA) issued a cybersecurity alert earlier this year warning member...

Merchant

The Upcoming Liability Shift Can Help Fuel Merchants Drive Innovation & Increase Profits

by PaymentsJournal

October 8, 2020

Beginning in October 2015, most American merchants became liable for fraud losses associated with card-present transactions if their point-of-sale (POS)...

Payment Automation

Amazon Piloting Palm Readers in Amazon Go Stores

by Tim Sloane

September 30, 2020

Amazon is piloting palm readers at two Amazon Go stores and hopes to eventually make the device ubiquitous by offering...

Fraud Risk and Analytics

The Pandemic Has Changed Fraud. These Numbers Show How

by PaymentsJournal

September 30, 2020

Even in normal circumstances, the fraud landscape is constantly evolving. Criminals and merchants are locked in a perpetual battle, with...

Prepaid

Fraud on Prepaid Unemployment Cards Runs Amok

by Sarah Grotta

September 29, 2020

I suppose this is a sign of the times. As unemployment benefits have ramped up, both at the federal and...

Security

Smart Appliances Are Easy to Hack. Even Your Coffee Maker Is at Risk.

by Tim Sloane

September 28, 2020

Who would think appliance manufacturers would be great internet security software developers? Who expects appliance manufacturers to offer software updates...