payments fraud

Banking-As-A-Service Has Its Own ‘Build Vs Buy’ Conundrum
Banking-As-A-Service Has Its Own ‘Build Vs Buy’ Conundrum
November 27, 2019  |  B2B Payments

Banks’ digitization journeys have been a rocky road, to say the least. The spark of FinTech innovation in recent history has set off a catalyst...

READ MORE >
Even Steel Bars Can’t Keep Internet Scams In Check
Even Steel Bars Can’t Keep Internet Scams In Check
November 21, 2019  |  Security & Fraud

Internet scammers, by nature, are a resourceful lot. They poke and prod, looking for various weaknesses to be exploited on online platforms, in company emails...

READ MORE >
Small Business Loan Fraud Puts FinServ On High Alert
Small Business Loan Fraud Puts FinServ On High Alert
October 03, 2019  |  B2B Payments

Though fraud technology has evolved to combat the monster of payments fraud, there is a growth threat for banks that innovators are also paying attention...

READ MORE >
Some Fraudsters Go Low-Tech To Grab Credit Card, Personal Data
Some Fraudsters Go Low-Tech To Grab Credit Card, Personal Data
September 23, 2019  |  B2B Payments

Paper checks, photocopies.  Fraudulent companies.  Banks and other firms may think payments fraud is all about BEC, but low-tech also has its place in the...

READ MORE >
 Justice Department Indicts 80 in Massive Online Fraud Scheme
 Justice Department Indicts 80 in Massive Online Fraud Scheme
August 26, 2019  |  B2B Payments

The Justice Department has unsealed an indictment spanning hundreds of charges against 80 individuals, many of them Nigerian nationals. The charges detail elaborate BEC schemes...

READ MORE >
 Payments Fraud, Via Apps?
 Payments Fraud, Via Apps?
July 22, 2019  |  B2B Payments

Symantec has discovered vulnerabilities in two popular messaging and media apps, WhatsApp and Telegram, which can be hijacked to commit payments fraud.  Separately, phishing scams...

READ MORE >
In Australia, Card (And Other Payments) Fraud Is Big Business
In Australia, Card (And Other Payments) Fraud Is Big Business
July 15, 2019  |  B2B Payments

Attacks on Australia’s government — including payments fraud — have been on the rise, scoring, cumulatively, tens of millions of dollars.  Elsewhere, individual cases of...

READ MORE >
Palmarius Debuts Accounts Payable Tool
Palmarius Debuts Accounts Payable Tool
July 03, 2019  |  B2B Payments

Cost containment solution provider Palmarius Advisors is rolling out an accounts payable (AP) automation solution designed to generate revenue and enhance spend control for corporate...

READ MORE >
Report: Email Variants Keep BEC Fraud Humming Along
Report: Email Variants Keep BEC Fraud Humming Along
July 01, 2019  |  Security & Fraud

In payments fraud, it pays — literally — to change up the game a bit. As noted in a report by FireEye, the bad guys...

READ MORE >