FBI Says Mobile Banking Hacks on the Rise, but Traditional Fishing Remains More Common
This article presents statements from the FBI reporting an increase in attacks on mobile banking, all of them requiring the ...
Tag: Fraud
Stay updated with insights on fraud at PaymentsJournal. Explore trends, news, and expert analysis on fraud prevention, detection, and the latest strategies to protect financial transactions.
A New Behavioral Biometric Product for FIs Enters the Market
As mobile transactions continue to dominate digital commerce, financial institutions and fintechs are searching for more effective ways to identify ...
Why Compliance is The “Secret Sauce” for Fraud Prevention in Digital Marketplaces
When creating a fraud strategy, the top concern for many organizations accepting online payments is preventing payment fraud. This makes ...
Before the Ink is Dry: Correcting Biometric Spoofing Myths
Biometric authentication is highly robust, and the latest solutions offer considerably greater security than their authentication predecessors: PINs and passwords. ...
In a Deal with the FTC, First Data Agrees to Pay $40 Million
This is one small example of how important it is for acquirers to properly identify its merchants during the onboarding ...
What Percent of US Consumers Are Concerned about Fraud When Shopping Online?
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Debit Card Fraud Increases with Household Income
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Are Older Consumers More or Less Likely to Experience Repeated Fraud?
Consumers of all ages face the risk of payment fraud, but younger consumers may be significantly more likely to experience ...
Three Demographic Correlations between Consumers & Fraud
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What Percentage of US Consumers Reported Lost, Stolen, or Fraudulent Card Charges in 2019?
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