April 29, 2016
How Cybercriminals Exploit Human Nature
According to the results of Verizon’s 2016 Data Breach Investigations Report, released on Wednesday (April 27), cybercriminals have become quite adept at using their victims’ human nature against them in...
April 29, 2016
Philippine Regulators Say Remittance Firm Hid Heist
The Bangladesh central bank heist saga continues. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
April 28, 2016
Cybercriminal Ring Leader Gets Seven Years In Prison
Authorities have sentenced who they believe to be the leader of a major cybercrime enterprise to more than seven years in prison. Get the Full Story Complete the form to...
April 28, 2016
Visa CEO: ‘Competition Is Better For Everyone’
“Competition is better for everyone.” – Visa CEO Charlie Scharf Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
April 27, 2016
The Hackers Behind Bangladesh’s Big Bank Heist Are Back In...
It seems Bangladesh was just the start of things for the cyberthieves who managed one of the larger smash and grabs in cybercrime history. According to Financial Times, that criminal...
April 27, 2016
The Industry Most Threatened By Invoice Fraud
Invoice fraud can hit anywhere, from large multinationals to SMEs, from China to the U.S. But a new report from Tungsten Network says the threat is particularly acute in one...
April 27, 2016
Using Online, Social Data To Make ‘Thin Files’ Thick
Can using online and social data give consumers without a significant credit history better odds of having their identity verified? Socure sure thinks so. And it has the predictive data...
April 27, 2016
All Aboard The Authentication Train – A Look At Amtrak’s...
The April edition of the Digital Identity Tracker™ explores the journey Amtrak has taken to becoming a full-on eCommerce behemoth – and consumer authentication master. It also features updates for...
April 26, 2016
Amazon’s War Of Attrition Against Fake Reviewers
Amazon has had it with sites like PaidBookReviews that offer the aspiring novelist 100 book reviews on Amazon for the bargain price of $2,200. Get the Full Story Complete the...
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.
Companies think their identity systems are working—until the numbers prove otherwise. “The Hidden Costs of ‘Good Enough’: Identity Verification in the Age of Bots and Agents,” a PYMNTS Intelligence and Trulioo collaboration, reveals how “good enough” identity verification quietly drains $95 billion in revenue due to fraud and missed opportunities each year. In the age of bots and agents, complacency isn’t just risky—it’s expensive.