digital fraud

What Banks Are Doing to Protect Consumers From Financial Scams
What Banks Are Doing to Protect Consumers From Financial Scams
August 02, 2022  |  Fraud Prevention

Social engineering scams occur when fraudsters trick their victims into trusting them enough to send either money or personal information. When the victim sends money,...

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Behavioral Analytics Helps FinTechs Separate the Fraudsters From the Friendlies
Behavioral Analytics Helps FinTechs Separate the Fraudsters From the Friendlies
July 29, 2022  |  Authentication

Digital fraud continues to plague businesses of all sizes, and consumers are paying the price. A recent survey found that the average American has experienced at...

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PYMNTS Intelligence: Protecting Against Promotion Abuse and Other Forms of First-Party Fraud
PYMNTS Intelligence: Protecting Against Promotion Abuse and Other Forms of First-Party Fraud
July 19, 2022  |  Fraud Prevention

Digital fraudsters’ popular image is that of a shadowy cabal of hackers, either leveraging sophisticated algorithms to break into corporate systems or tricking individual consumers...

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Merchants Walk Fine Line Policing $90B of Promotions Abuse
Merchants Walk Fine Line Policing $90B of Promotions Abuse
July 15, 2022  |  Fraud Prevention

There is a proliferation of individuals who abuse chargebacks, promotions, returns or merchant and financial services firms’ policies to get free merchandise or payouts, often...

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PYMNTS Intelligence: Fighting Fraud While Ensuring Money Mobility
PYMNTS Intelligence: Fighting Fraud While Ensuring Money Mobility
July 08, 2022  |  Disbursements

Maximizing money mobility is the goal in today’s digital-first economy, but digital banking’s vulnerability to bad actors has made fraud a pervasive threat to this...

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How Wave Financial Leverages Pre- and Post- Submit Analytics to Prevent Fraud
How Wave Financial Leverages Pre- and Post- Submit Analytics to Prevent Fraud
July 01, 2022  |  Authentication

In this month’s "Monetizing Digital Intent Tracker," Angie Dobbs, VP of fraud and risk at Wave Financial, tells PYMNTS how multilayered authentications are proving to...

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Experts Say Single-Layer Fraud Systems Open Invitation for Fraudsters
Experts Say Single-Layer Fraud Systems Open Invitation for Fraudsters
June 30, 2022  |  Authentication

Digital fraud continues to wreak havoc on the economy despite banks’, businesses’ and consumers’ best efforts to stop it. The Federal Trade Commission reported $5.8...

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PYMNTS Intelligence: Why Security Is Key to the Future of IoT-Enabled Devices for Banking and Payments
PYMNTS Intelligence: Why Security Is Key to the Future of IoT-Enabled Devices for Banking and...
May 10, 2022  |  Fraud Prevention

The shift to remote transactions during the pandemic not only accelerated the adoption of digital banking, but also firmly established the market for data exchange...

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Mission Lane on Preventing Financial Fraud in a Connected Age
Mission Lane on Preventing Financial Fraud in a Connected Age
May 09, 2022  |  Fraud Prevention

Although consumers are increasingly using an array of connected devices to conduct financial transactions, they're doing so with the expectation that banks and FIs will...

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