A merchant’s returning customer attempts to complete a $1,800 luxury purchase on a mobile device, mistypes a password twice, triggers a reset email and leaves before the link arrives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
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A consumer receives a text message that appears to come from her bank. The tone is urgent. The link opens a convincing login page. Credentials are entered. Moments later, a transfer request appears inside what seems to be a trusted session. Get the Full Story...
The cost of fraud at U.S. financial institutions is rising, but the deeper threat may be what it does to customer relationships and brand reputation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Tradition is as tradition does. And traditionally, in many finance organizations, fraud protection has lived in the same mental bucket as insurance premiums and audit fees; something necessary, prudent and fundamentally defensive. Get the Full Story Complete the form to unlock this article and enjoy...
Equifax has launched a new machine-learning product designed to combat two forms of first-party fraud: loan stacking and credit washing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Equifax has launched a product that uses artificial intelligence (AI) to detect and help prevent synthetic identity fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Fraud is no longer just a cost line item for banks and payment firms. It is increasingly a force that shapes how institutions invest, modernize and compete. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...