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...
Executives reported a 73% increase in P2P fraud and 44% in instant or real-time payment fraud in the last 12 months, according to PYMNTS data....
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...
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...
PYMNTS interviewed Lien Nguyen, senior vice president of fraud prevention at Bank of the West, about the top identity fraud threats and how to stop...
Identity fraud has been growing in recent years and had a notable increase in 2021. Identity theft alone accounted for $56 billion in losses that...
Fraud is ubiquitous for both businesses and consumers. Bad actors are constantly developing new techniques and technologies to steal hard-earned funds and data, often turning...
In this month’s Digital Fraud Tracker®, Darren Beyer, chief product and strategy officer at Qolo, tells PYMNTS about the year’s most pressing fraud threats and...
Digital fraud is as old as the internet itself, and bad actors continuously develop new techniques while refining old ones. Fraudsters can deploy old-fashioned confidence...