Fraud Prevention

Mastercard Focuses Data Initiative on Business and Customer Intelligence
Mastercard Focuses Data Initiative on Business and Customer Intelligence
September 19, 2024  |  Digital Payments

One of the more reasonant insights from the PYMNTS Intelligence “How The World Does Digital” report can be found in the differences between the countries...

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FICO and Jersey Telecom Team to Combat APP Fraud 
FICO and Jersey Telecom Team to Combat APP Fraud 
September 18, 2024  |  Fraud Prevention

FICO is working with Jersey Telecom (JT) to push back against authorized push payment fraud. The analytics software company said Wednesday (Sept. 18) it has collaborated with the...

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Invoice Invasion: Defending the Finance Department From Hidden Fraud Risks
Invoice Invasion: Defending the Finance Department From Hidden Fraud Risks
September 17, 2024  |  Security & Fraud

Businesses can’t grow without getting paid, and businesses won’t get paid without an invoice. But fraudsters have taken notice, capitalizing on the fact that the...

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Oracle Launches Financial Crime and Compliance Management Service
Oracle Launches Financial Crime and Compliance Management Service
September 17, 2024  |  Security & Fraud

Oracle has launched a new service designed to help banks, FinTechs and other financial services companies identify potential financial crime and compliance issues and reduce...

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Mastercard Enhances Real-Time Threat Visibility With Recorded Future Purchase
Mastercard Enhances Real-Time Threat Visibility With Recorded Future Purchase
September 13, 2024  |  Security & Fraud

Looking to expand security and threat intelligence beyond a completed transaction, Mastercard on Thursday (Sept. 12) announced it is acquiring Recorded Future for $2.7 billion....

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Embedded Finance Keep Firms Agile in Emerging Verticals
Embedded Finance Keep Firms Agile in Emerging Verticals
September 13, 2024  |  Opinion

Prioritizing adaptability, innovation and customer relationships will enable firms to navigate an unpredictable landscape, Thredd Chief Product Officer Ava Kelly writes in a new PYMNTS...

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Illuma Labs Raises $9 Million for Bank Voice Verification
Illuma Labs Raises $9 Million for Bank Voice Verification
September 12, 2024  |  Investments

Illuma Labs has raised $9 million to speed the development of its voice verification tools. The company, which makes voice authentication technology for banking contact...

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Mastercard Acquires Recorded Future to Bolster Cyber Protections
Mastercard Acquires Recorded Future to Bolster Cyber Protections
September 12, 2024  |  Acquisitions

Mastercard is spending $2.65 billion to acquire threat intelligence company Recorded Future. The deal, announced Thursday (Sept. 12), “bolsters the insights and intelligence used to secure today’s digital economy...

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Revolut Sees Jump in Scam Complaints as APP Fraud Grows
Revolut Sees Jump in Scam Complaints as APP Fraud Grows
September 11, 2024  |  Security & Fraud

Revolut enjoys the distinction of being the most valuable FinTech in Europe. But as a report Wednesday (Sept. 11) by Bloomberg News points out, the company has...

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