November 22, 2024
Panel: Data-Driven Paradigms Future-Proof Security Lifecycle Management
As digital payments scale, the sophistication of scams matches their pace. This ongoing dichotomy forces payment ecosystems to adopt more adaptive and resilient fraud prevention measures. Marcos Gelfi, vice president...
November 22, 2024
The State of Fraud and Financial Crime in the U.S....
November 22, 2024
Report: Financial Scams Drive 122% Increase in Fraud Losses by...
Transactions have moved more digital, changing the fraud landscape. Financial institutions (FIs) have made real progress in holding off fraudsters attempting to exploit the digital shift. Our multiyear analysis finds...
November 22, 2024
Bridging the Digital Divide: How Banks Can Meet Customer Expectations...
Banks and credit unions may feel like they offer a best-in-class digital experience — and the readiness to offer new services and options — when it comes to bringing lending...
November 21, 2024
US Treasury Selects BNY as Financial Agent for Direct Express...
The Bank of New York Mellon (BNY) will serve as the financial agent for the Direct Express program, which provides 3.4 million Americans with a prepaid debit card to receive...
November 21, 2024
FTC Refunds $1.9 Million to Victims of Credit Bureau Center...
The FTC is refunding $1.9 million to victims of a “free” credit report scam. The refunds stem from a 2017 lawsuit by the Federal Trade Commission (FTC) against a company...
November 21, 2024
App Provider Rankings: Ulta Beauty Revamps Digital Strategy to Boost...
With the shopping season upon us, PYMNTS’ App Provider Rankings take a peek into shopping apps. And what we found were some strategies paying dividends in retail app usage and...
November 21, 2024
This Week in B2B: Simplicity, Automation and Blockchain (Yes, Blockchain)
The contemporary B2B landscape is being reshaped by a seismic shift toward automation and simplification. Companies are ditching clunky, manual processes in favor of sleek, digital-first solutions that prioritize speed,...
November 21, 2024
Final CFPB Rule Expands Oversight of Big Tech’s Payments Ambitions
The payment ambitions of the largest, marquee names in technology now will come under greater scrutiny at the federal level. A finalized rule from the Consumer Financial Protection Bureau (CFPB),...
With rising FinTech fraud and convincing deepfakes threatening their bottom lines, more than two in three FinTechs plan to expand their budgets to deploy tech that can detect true human liveness, as discussed in the latest PYMNTS “FinTech Tracker®,” a collaboration with Sezzle.
The fight is on. Fraudsters are using more sophisticated tech to scam consumers, but FIs are countering these attacks with their own advanced tools. Will it be enough, though? This year’s edition of “The State of Fraud and Financial Crime in the U.S.” from PYMNTS Intelligence details the dynamic fraud prevention environment. Read it now.