DataVisor

DataVisor and Mitek Team to Stem Rising Tide of Check Fraud
DataVisor and Mitek Team to Stem Rising Tide of Check Fraud
April 09, 2024  |  Fraud Prevention

Fraud and risk platform DataVisor says it has launched a partnership with identity verification provider Mitek. The collaboration gives financial institutions (FIs) a single-platform check fraud protection service, the...

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Rise of Synthetic IDs Demands New Approaches to Identity at the Point of Onboarding  
Rise of Synthetic IDs Demands New Approaches to Identity at the Point of Onboarding  
March 27, 2024  |  Security & Fraud

The synthetic ID — the online identity concocted through bits and pieces of information gleaned from far-flung sources, cobbled together by fraudsters — is wreaking...

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LinkedIn Struck by Recruitment Scam Wave Following Tech Layoffs
LinkedIn Struck by Recruitment Scam Wave Following Tech Layoffs
February 26, 2023  |  Security & Fraud

LinkedIn has reportedly seen a rash of scams targeting remote workers and jobless tech employees. People seeking jobs on the networking site are instead being...

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PYMNTS Intelligence: Responding To Flourishing Instant Payments Fraud
PYMNTS Intelligence: Responding To Flourishing Instant Payments Fraud
December 12, 2022  |  Fraud Prevention

Consumers enjoy the convenience of instant payments using apps like Venmo, Cash App and Zelle. As the use of these faster payments has increased and...

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They Say Crime Doesn’t Pay Yet Fraudsters Keep on Trying
They Say Crime Doesn’t Pay Yet Fraudsters Keep on Trying
December 10, 2022  |  Security & Fraud

Fraudsters defraud. It’s their job, just as it is for the equally committed army of digital warriors who are paid to combat them. In the...

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Instant Payments Forces Banks to Put Fraud Prevention at the Forefront
Instant Payments Forces Banks to Put Fraud Prevention at the Forefront
December 08, 2022  |  Fraud Prevention

The speed that makes instant payment apps such as Zelle and Venmo popular also makes them attractive tools for fraudsters. Bad actors defrauded nearly 18...

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Why Fraudsters Are Big Fans of Real-Time Payments
Why Fraudsters Are Big Fans of Real-Time Payments
November 30, 2022  |  Security & Fraud

Real-time data. Online social networks. Real-time payments. For the fraudsters, it’s all a match made in heaven. As DataVisor CEO Yinglian Xie told PYMNTS’ Karen...

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Is Higher Fraud Risk an Unintended Consequence of Fed’s New Debit Routing Rule?
Is Higher Fraud Risk an Unintended Consequence of Fed’s New Debit Routing Rule?
November 18, 2022  |  Fraud Prevention

Last month, the Fed said it was officially ending debit network exclusivity across all channels. Beginning in 2023, all debit card issuers must enable merchants...

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PYMNTS Intelligence: Leveraging Technology to Combat Identity Fraud
PYMNTS Intelligence: Leveraging Technology to Combat Identity Fraud
November 04, 2022  |  Fraud Prevention

A recent study found that businesses lost $52 billion to identity fraud in 2021, a shocking 79% increase year over year. This fraud was split...

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