payments fraud

Report: Revolut US Payments Flaw Leads to $20 Million Theft

Report: Revolut US Payments Flaw Leads to $20 Million Theft
Report: Revolut US Payments Flaw Leads to $20 Million Theft
July 09, 2023  |  Security & Fraud

A flaw in Revolut’s U.S. payment system reportedly let criminals steal more than $20 million. Get the Full Story Complete the form to unlock this article...

READ MORE >
Reusable IDs and AI Help Merchants Beat Back the Fraudsters
Reusable IDs and AI Help Merchants Beat Back the Fraudsters
June 21, 2023  |  Security & Fraud

The fraudsters are racking up the gains, seeking, as they always do, to exploit vulnerabilities in card-not-present transactions. Get the Full Story Complete the form...

READ MORE >
Jack Henry Adds AI-Based Fraud Detection to Digital Payments Platform
Jack Henry Adds AI-Based Fraud Detection to Digital Payments Platform
June 20, 2023  |  Security & Fraud

Jack Henry has launched a real-time, artificial intelligence (AI)-based fraud mitigation feature. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
64% of FIs Report Increases in Fraud Attacks on Credit and Debit Cards 
64% of FIs Report Increases in Fraud Attacks on Credit and Debit Cards 
May 25, 2023  |  Security & Fraud

The heated battle between fraudsters and financial institutions (FIs) got hotter during the pandemic-era run-up in eCommerce and the use of alternative payment methods. This...

READ MORE >
UK Records $1.5 Billion in Fraud in 2022
UK Records $1.5 Billion in Fraud in 2022
May 14, 2023  |  Security & Fraud

Fraudsters stole more than £1.2 billion ($1.5 billion) in the U.K. last year, down 8% since 2021. Get the Full Story Complete the form to...

READ MORE >
UK APP Fraud Rules Will Keep Faster Payments Safer Long Term, Experts Say
UK APP Fraud Rules Will Keep Faster Payments Safer Long Term, Experts Say
May 02, 2023  |  Security & Fraud

The U.K. has been experiencing a widespread payments fraud epidemic in recent years. And to stem the tide, U.K. regulators are preparing to mandate that...

READ MORE >
Barclaycard Says Retailers Need Detect-and-Protect Mindset to Stop Online Fraud
Barclaycard Says Retailers Need Detect-and-Protect Mindset to Stop Online Fraud
March 08, 2023  |  Security & Fraud

Payment fraud is expected to jump from $28 billion globally in 2020 to $49 billion in 2030, according to analysts. Get the Full Story Complete...

READ MORE >
PYMNTS Intelligence: Technology Is Needed to Safeguard Faster Payments
PYMNTS Intelligence: Technology Is Needed to Safeguard Faster Payments
March 01, 2023  |  B2B Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Invoice Verification Slows Pace of Real-Time Business Payments Fraud
Invoice Verification Slows Pace of Real-Time Business Payments Fraud
February 28, 2023  |  B2B Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >