Check fraud is running rampant. In an interview with PYMNTS, Finexio Chief Commercial Officer Bill Fox and EverC Vice President Melissa Sutherland said many companies in the battle against fraudsters can benefit from a thorough examination — and modernization — of accounts payable (AP) processes. By modernizing back-office processes but still...
A massive data breach has shuttered Discord.io, an online messaging platform used by Discord members. “On the night of the 14th of August, Discord.io suffered a major data breach, resulting in content from our database being leaked to unknown actors,” said a message on the website Tuesday...
Have you received an unexpected package lately? It might be from Amazon, Home Depot, or any other retailer you can think of. While receiving an unsolicited package might seem like a pleasant and cost-free surprise, it’s important to keep in mind that nothing truly comes...
PULSE, a Discover company, has extended its partnership with FICO to deliver fraud-detection technology to financial institutions. This collaboration permits PULSE’s continued enhancements of its DebitProtect suite of fraud-mitigation solutions, which are powered by FICO’s Falcon Fraud Manager and use learnings from its network of participating...
In today’s fast-evolving and increasingly crowded business ecosystem, choosing the right partner is all-important. But as with all of life’s biggest questions, the answer is not always obvious and tends to vary based on the operating environment. That’s because one thing tends to lead to...
Riskified has integrated its fraud prevention and risk management solutions with commercetools’ eCommerce platform. The integration allows merchants using commercetools to combat payment fraud while ensuring a frictionless customer experience, the companies said in a Tuesday (Aug. 1) press release. “Merchants should never have to choose between stopping fraud...
Security researchers have reportedly discovered malware that steals user data via optical character recognition. This malware, known as CherryBlos and uncovered by security firm Trend Micro, has been embedded into at least four Android apps available outside of Google Play, particularly on sites promoting money-making scams, Ars Technica reported Friday...
As artificial intelligence (AI) makes deepfakes a greater concern to consumers and companies, fresh efforts are afoot to combat these highly convincing but fraudulent images. DocuSign announced in a Tuesday (July 25) press release the launch of its enhanced identity verification offering, Liveness Detection for ID...
Digital bank Grasshopper has partnered with Cable to equip its clients and Banking-as-a-Service (BaaS) platform with automation and technology for financial crime assurance, testing and oversight. The bank will leverage the automated assurance and testing capabilities of Cable, an all-in-one financial crime effectiveness testing platform, the companies said in...
