More troubles for Wells Fargo as New York’s Metropolitan Authority has put on hold any business concerning bond transactions and underwritings. Wells Fargo had been initially cleared before it was fined by the CFPB for allegedly creating unauthorized bank and credit card accounts.
Fraudsters are winning the cybersecurity war, and are increasingly targeting digital goods transactions, which show a three-fold increase in attacks over the four quarters ending March 2016. Food and beverage transactions are another popular target; this sector shows a 116 percent increase during the same...
Everyone said that fraud would move online in the U.S. post-EMV—and we now have proof that it has. A new report by PYMNTS and Forter shows that the rate of online fraud attacks has jumped by 11 percent since October, and by 215 percent since...
Everyone said that fraud would move online in the U.S. post-EMV—and we now have proof that it has. A new report by PYMNTS and Forter shows that the rate of online fraud attacks has jumped by 11 percent since October, and by 215 percent since...
Hackers are on the loose and coming to an online merchant near you. In droves. In fact, the rate of fraud attacks is up 163 percent from 2015 – and luxury retail is at the top of the fraudsters' checklists. PYMNTS and Forter have teamed...